Just in: MTN Nigeria plans N600bn investments in 3 years, worried over n-COVID-19
Leading telecoms services provider in Nigeria, MTN Nigeria has released its business development outlook for 2020, saying “We are optimistic about the prospects for our business in 2020 and pleased with the continued momentum from H2 of 2019, and particularly…
Just in: How digital, fintech revenues boosted MTN Nigeria’s PAT to YoY 38.8%
MTN Nigeria Communications Plc (MTN Nigeria) Friday announced its audited results for the full year ended 31 December 2019, which reflected strong rise in earnings and capital expenditure (Capex) within the period under review. Key takeaways from the released results…
Just in: 5G’ll control appliances, devices with respect to Internet of Things—NCC
The Nigerian Communications Commission (NCC) has revealed that the most spectacular angle, in which the emerging 5G networks will deliver huge socio-economic benefits on commercial deployment, will be in providing seamless controls of appliances and devices with respect to Internet…
n-COVID19: Lafarge identifies persons with direct contacts, quarantines all
A clear view of the identity of the Italian (name with held), who arrived Nigeria via Turkish Airlines on Tuesday with n-COVID19 (Coronavirus) infection has emerged. Lafarge Africa Cement, Friday issued a confidence building statement, saying “The individual concerned works…
Just in: First coronavirus case by Italian confirmed at LUTH—FG
The Federal Ministry of Health has confirmed a coronavirus disease (COVID-19) case in Lagos State, Nigeria. The case, which was confirmed on the 27th of February 2020, is the first case to be reported in Nigeria since the beginning of…
Outrage trails FG’s award of N29.2bn roads to Niger Republic borders
Barely 24 hours after the Federal Executive Council (FEC) presided by President Muhammadu Buhari Wednesday announced the award of two roads contracts linking Nigeria’s borders with the Republic of Niger, totalling N29.2bn, many Nigerians have started asking questions if all…
Participants at SMW-Lagos 2020 identify two drawbacks to 5G in Nigeria
Industry experts who converged in Lagos at the Nigerian Communications Commission’s (NCC)-sponsored Special Panel Session on fifth Generation (5G) networks at the ongoing Social Media Week (SMW-Lagos 2020) held at the Landmark Event Centre in Victoria Island, have identified electricity…
Maritime stakeholders’, FG seek better SOP for clearing charitable cargoes at ports
Rising from a one-day workshop on ‘Stakeholders’ Consultation on Ease of Shipping and Clearing of Charitable Items into Nigeria’, participants have called for an error-free Standard Operating Procedures (SOP) to avoid either security lapses or undue delays that give rise…
Ikeja Electric traps customers monies paid for meters, hands off metering
A serious breach of trust and possible embezzlement of private funds may be playing out in Ikeja Disco following its Thursday’s public notice that it can no longer invest in customer metering. Ikeja Electric, which remains one of the most…
DANGCEM Q4-19, 2019FY audited financials show N200.52bn PAT
Leading continental giant in cement production, Dangote Cement has posted a profit after tax (PAT) of N200.521bn for the financial year ended December 31, 2019. Fact checks showed that this is as against a profit of N390.325bn posted in 2018,…
