AXIAN Telecom has acquired an 8% stake in pan-African e-commerce company Jumia Technologies, citing the platform’s fintech and logistics strengths as key drivers of its backing. This marks the first major telecom investment in Jumia since MTN Group’s exit in 2020. AXIAN, a fast-growing telecom and digital services provider with operations across Africa, disclosed the […]
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IHS Nigeria, a subsidiary of IHS Holding Limited and one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world by tower count, has formally commissioned 65 Response, Patrol, and Escort (RPE) vehicles to G4S Secure Solutions Nigeria Limited, its long-standing security partner. The commissioning ceremony which held in Ikeja […]
Read MoreMTN 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 MoreMTN Group has been inducted into the inaugural Brand Africa Hall of Fame “in recognition of its transformational impact on African consumers and its role in shaping a positive African narrative”. MTN was also recognised as the #1 Most Admired African Brand Contributing to a Better Africa; the #1 Most Admired African Brand (spontaneous recall); […]
Read MoreMTN Nigeria, in partnership with the School of Media and Communication, Pan Atlantic University, has announced the fourth cohort of the Media Innovation Programme (MIP), welcoming 20 outstanding media professionals from across print, broadcast, online and digital content creation. The six-month certificate programme, which officially began on May 19, 2025, is fully funded by MTN […]
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, […]
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 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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