MTN Nigeria has announced a massive capital expenditure (CAPEX) drive for 2025, nearly doubling its investment to almost 900 billion Naira, as it seeks to significantly enhance network service quality in major cities like Lagos and Abuja and extend improvements to other areas. This financial commitment, up from a combined total of approximately 440 billion […]
Read MoreDangote Cement Plc has rewarded its distributors and customers with various choice gift items and cash worth N11 billion. At the 2025 edition of its Customers Awards & Gala Nite held in Lagos, with the theme ‘Let’s Acceler8’, the cement company rewarded its distributors with gift items comprising several CNG trucks, containers filled with products, […]
Read MoreIHS Towers signed a Memorandum of Understanding with the Nigeria Security and Civil Defence Corps (NSCDC) to enhance the security of the West African country’s critical telecoms infrastructure. IHS, which owns and operates over 16,000 towers and has deployed over 15,000 kilometres of fibre in the country, stated that under the terms of the MoU, […]
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Dangote Industries Limited have been named Most Admired African Brand, following an independent, consumer-led survey conducted across more than 30 African countries. The event was at the 15th annual Brand Africa 100 awards, in Addis Ababa, Ethiopia. The company was also inducted into the Brand Africa Hall of Fame, becoming the first African firm to […]
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Indigenous energy company in Nigeria, Seplat Energy Plc, has clinched the ‘M&A Deal of the Year’ award at the Nairametrics Capital Market Choice Awards held in Lagos at the weekend. The award ceremony themed ‘Capital Market as a catalyst for Nigeria’s Economic Transformation’ was graced by leading companies listed on the Nigerian Exchange Limited (NGX) […]
Read MoreIn the wave of present major telecoms service outage across Nigeria, a new directive putting operators on their toes, has been giving to them, and even setting deadline for service restoration. Announcing this major development in the industry, the regulator, the Nigerian Communications Commission (NCC) mandated the telecom licensees to inform consumers of major service […]
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Nigeria’s corporate elite gathered recently to bid farewell to one of the nation’s most influential business titans, Dr. Pascal Gabriel Dozie. The Nigerian Exchange Group’s headquarters in Marina, Lagos, played host to an ‘Afternoon of Tributes’ that saw industry captains, financial moguls, and family members celebrate the extraordinary legacy of a man who helped reshape […]
Read MoreDangote Petroleum Refinery and Petrochemicals has announced another reduction of N15 in the price of its high-quality Premium Motor Spirit (PMS). As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos; N885 per litre in the South West; N895 per litre in the North […]
Read MoreMTN Nigeria is on a clear path to resuming dividend payments to its shareholders, driven by the successful implementation of its comprehensive five-point strategic recovery plan. The company will not only eliminate its negative shareholder funds but also build up sufficient distributable reserves within the current year, paving the way for future dividends. The Chief […]
Read MoreLagos State secured a $22 million foreign direct investment to enhance its fibre optic infrastructure. This investment is a critical step in the state’s ambition to increase connectivity, accelerate digital transformation activities, and support its developing tech scene, according to the State. Special Adviser to the governor on Infrastructure, Olufemi Daramola, announced the development at […]
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