MTN Nigeria’s Q1 Profit Jumps 166% as 2.3 Million Subscribers Join Network
MTN Nigeria Communications Plc has reported a surge in profitability for the first quarter ended March 31, 2026, driven by
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Technology
Airtel Africa is Latest Firm to Hit N10trn Valuation on Nigerian Bourse
Airtel Africa, the second-largest telecommunications company in Nigeria, saw its share price surge by the maximum daily limit of 10
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Spectranet, Legend Agree to Merge, Target Q2 for Completion
Lagos-listed Legend Internet Plc has announced a proposed merger with broadband provider Spectranet Limited, in a deal that will combine
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Moniepoint Buys Restaurant Management Firm Orda Africa
Moniepoint Inc. has announced the acquisition of Orda Africa, a cloud-based restaurant management platform operating in Nigeria. Under the terms
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Nigerian Tycoon Elumelu Calls for Safeguards After AI-Generated Scam Video
Tony Elumelu, a Nigerian tycoon who chairs several companies including the United Bank of Africa and Transnational Corporation, has called
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MTN Nigeria Rebounds With Record N1.1trn Profit, Ending Two-Year Loss Streak
MTN Nigeria Communications Plc has reported a dramatic turnaround in its 2025 financial year, swinging to a profit after tax
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Nigeria Vows to Review Impact of MTN’s Acquisition of IHS Towers
The Federal Ministry of Communications, Innovation and Digital Economy has said it undertake “a thoughtful assessment” of the acquisition of
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AIT’S Parent DAAR Communications Bounces Back to First Quarterly Profit in 4 Years
…posts N504.6 million in Q3 as revenue jumps DAAR Communications Plc, owner of African Independent Television (AIT) and RayPower FM,
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MTN Nigeria Declares Interim Dividend as Retained Earnings Turn Positive
The board of MTN Nigeria Communications has approved an interim dividend of N5.00 per share following the company’s return to
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MTN Nigeria Swings to N750bn Nine-Month Profit on Higher Revenue, FX Gains
MTN Nigeria Communications reported a profit after tax of N750.19 billion for the first nine months of the year, compared
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