MTN Group, Africa’s largest telecoms company, paid more than $2 billion in taxes last year across its 16 markets on two continents. This total included corporate taxes, indirect taxes, withholding taxes, payroll taxes, operating license fees, and other payments to government agencies. MTN Group, which serves 290.9 million subscribers, yesterday released a set of its […]
Read MoreAMA PRESS RELEASE Backbase is set for a major industry shift as it launches of the world’s first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024. Momentum accelerates with the release of its next-generation platform, purpose-built to accelerate growth and efficiency in banking by unifying two mission-critical domains: customer servicing […]
Read MoreMTN Nigeria Communications Plc has returned to profitability after the mishap in its financial books last year. Latest financail releases of unaudited results for the quarter ended 31 March 2025 by the leading Africa’s telecoms company revealed a whooping service revenue of N1.0 trillion. The financial books made available to TechnologyMirror said that service revenue […]
Read MoreNigeria would require approximately $410 billion for full energy transition and $40 billion to close the electricity access gap. According to the Managing Director of Rural Electrification Agency (REA), Mr Abba Aliyu, Nigeria created only 70,000 renewable energy jobs last year, in spite of its opportunities in the space, saying that “We must convert electricity […]
Read MoreDangote Sugar Refinery Plc, turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year. Speaking at the 19th Annual General Meeting (AGM) Chairman of the company, Mr Aliko Dangote noted that the company’s performance in 2024 […]
Read MoreAfter existing for 22 years and being the product that set the Nigerian telecommunications industry for revolution, the Nigerian Communications Commission (NCC) 2003 Act is set for review address trends in the technology space that the Acts didn’t address at inception. At the instance of the Commission, stakeholders and experts met in Lagos, Southwest Nigeria […]
Read MoreExperts in the African digital marketing ecosystem are set to converge on Lagos, Nigeria for the second edition of Seach AfriCon. The continent’s foremost SEO and digital marketing event will hold at Mike Adenuga Centre, Alliance Francaise, Osborne Road, Ikoyi, Lagos State and will feature a panel discussion on ‘How African Culture Influences Digital Marketing […]
Read MoreStrong cash position supports early repayment of $250 million reducing the Revolving Credit Facility (RCF) to $100 million, and an increase in our quarterly dividend to US$ 4.6 cents per share. Seplat Energy PLC, a Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, audited results for the […]
Read MoreA new batch of 52 trainee engineers have successfully completed their Dangote Petroleum Refinery Graduate Trainee Programme and are now set to be inducted into the refinery as employees. The trainee engineers in the field of Chemical Engineering, Electrical/Electronic Engineering and Mechanical Engineering finished their training with presentation and defense of their final projects in […]
Read MoreAMA PRESS RELEASE The Mastercard Foundation has unveiled a $300 million strategic partnership with UNHCR, the UN Refugee Agency, that will enable more than half a million refugees and displaced youth across Africa to complete their education and 200,000 young people to transition into dignified work by 2030. “This extraordinary commitment comes at a time […]
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