Gambian Minister applauds Nigeria’s strides in telecom regulation
The Gambian Minister of Communications and Digital Economy, Ousman Bah, at the weekend in Abuja, said Nigeria’s giant strides in telecom regulation are the reason that the nation’s telecoms development has become a reference point. Bah, who led a Gambian…
9mobile Appoints Nkem Oni-Egboma as Chief Financial Officer
Emerging Markets Telecommunication Services (EMTS) Limited, operating as 9mobile, has announced the appointment of Mrs Nkem Oni-Egboma, as Chief Financial Officer (CFO. Oni-Egboma, a thoroughbred professional, brings to 9mobile a rich work experience in the financial services industry with expertise…
NCC Eulogise Aliyu, Aninweke in Retirement
As two management staff of the Nigerian Communications Commission (NCC) complete the final stage of their disengagement with the regulatory body, the staff of the Commission have continued to eulogise their eventful tenure at the Commission. Mallam Ibrahim Aliyu, who…
NDPB, FCCPC seal deal on Consumer Rights, Data Protection
Nigeria Data Protection Bureau (NDPB) and Federal Competition and Consumer Protection Commission (FCCPC) have entered into a Memorandum of Understanding for the purposes of protecting consumer rights and personal data as well fostering healthy trade competition within the Nigerian economic…
Flour Mills of Nigeria Plc reports decline of 18.9% y/y in standalone PAT
Flour Mills of Nigeria Plc (FLOURMILL) published its Q2-23 unaudited results yesterday (October 27), reporting a decline of 18.9% y/y in standalone PAT with accompanying EPS of NGN0.60 (Q2-22: NGN1.27), bringing H1-23 EPS to NGN1.97 (H1-22: NGN2.43). The EPS decline…
TotalEnergies Nigeria Plc reports 25.3% y/y decline in standalone EPS to NGN11.71
TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q3-22 unaudited financials on 27 October, reporting a 25.3% y/y decline in standalone EPS to NGN11.71 (Q3-21: NGN15.67), cascading to a 6.6% y/y decline in 9M-22 EPS to NGN36.83 (9M-21: NGN39.43). The EPS…
Wabote Opens GIL Automation’s factory, charges oil firms energy transition
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Thursday in Lagos performed the commissioning of GIL Automations’ cable tray and switchgear factory and the opening of its new building. The company…
Zenith Bank Plc reports 8.6% y/y increase in EPS to NGN5.55
Zenith Bank Plc (ZENITHBANK) published its 9M-22 interim financial statements today (27 October), reporting an 8.6% y/y increase in EPS to NGN5.55 (9M-21: NGN5.11), aided by the impressive growth in the bank’s core (+26.5% y/y) and non-core (+10.0% y/y) income….
EIB backs MTN Nigeria with EUR 100m for high-speed network expansion
Largest ever EIB financing for high-speed telecom in Africa Over 74 million customers to benefit from transformed digital communications Investment to enhance capacity and expand coverage of the 4G network in Lagos and Ogun States The European Investment Bank (EIB)…
NCC Commends Collaboration among Government Agencies
The Nigerian Communications Commission (NCC) has commended the level of collaboration existing between government agencies which have contributed to a healthy approach to meeting the strategic objectives of different organisations. Zonal Controller of Enugu Zone of the Commission, Ogbonnna Ugama,…