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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Technology
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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Paradigm Towers Ventures Takes Over IHS Rwanda’s 1,467 Tower Sites
Paradigm Tower Ventures has made its maiden investment by closing the acquisition of IHS Rwanda Limited from IHS Holding Limited,
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Airtel, Vodacom Sign Infrastructure Sharing Deal for Mozambique, Tanzania, DRC, Others
Airtel Africa and Vodacom Group have announced a strategic infrastructure sharing agreement in key markets including Mozambique, Tanzania and the
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