Business Hilights

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Business Hilights

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MTN Nigeria results show 67.1% y/y drop in standalone EPS to NGN1.38

MTN Nigeria Communications Plc (MTNN) released its Q2-23 unaudited results at the close of business on Friday (July 28), showing a 67.1% y/y decrease in standalone EPS to NGN1.38, bringing H1-23 EPS to NGN6.33 (Q2-22: NGN8.95). The dip in earnings…

ICT

NITDA unveils framework, targets 1m digital jobs

As part of moves to achieve 95 percent digital literacy by 2030 and aligning with the vision of President Bola Ahmed Tinubu to create over one million jobs for youths in the digital economy sector, the National Information Technology Development…

ICT

African Stars take centre stage on CNN African Voices Changemakers

African showbiz stars will take the centre stage on this weekend’s edition of the weekly television magazine, CNN African Voices Changemakers, sponsored by telecommunications service provider, Globacom. The guests on the 30-minutes magazine programme include the trio of Nigerian songwriter…

Seplat half-year results show success story that kept delivering

Rising from the clear excellent results for the first half of 2023 that Seplat has put its recent travails behind, delivering against its strategy despite the distractions faced as a handful of shareholders orchestrated jumped-up allegations against the company and…

Owerri-Mbaise-Obowo-Umuahia road getting fully delivered—Gov.

Governor Hope Uzodimma of Imo State has reassured that the timeframe for the completion of the Owerri-Mbaise-Obowo-Umuahia road construction remains sacrosanct.   The Governor did, Thursday evening, during an inspection at the ongoing construction on that critical corridor of the…

Guinness Nigeria Plc reports loss per share of NGN8.29

Guinness Nigeria Plc (GUINNESS) published its 2023FY audited results after market close yesterday (27 July), reporting a loss per share of NGN8.29 (vs EPS of NGN7.15 in 2022FY). The negative outturn in earnings resulted from higher net finance charges. GUINNESS…

ICT

NCC alerts on fake LinkedIn Account Impersonating CEO

Barely few hours after the unveiling of a book on Cyber Politics, written by its staff, Dr. Omoniyi Ibietan, the Nigerian Communications Commission (NCC) wishes to draw public attention to a fraudulent LinkedIn Account impersonating the person, and office of…

NCDMB sensitizes Bench, Bar on Nigerian Content in Rivers

In view of sustaining awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) held a one-day sensitisation workshop for members…

TotalEnergies hits 11.1% y/y growth in Q2-23 standalone EPS

TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q2-23 unaudited financials yesterday (27 July), reporting an 11.1% y/y growth in Q2-23 standalone EPS to NGN13.62/s (Q2-22: NGN12.26/s), supported primarily by the 25.1% y/y growth in revenue. Accordingly, the H1-23 EPS came…

MMIA Customs Command rakes in N38bn, impounds endangered species Worth N27bn

The Murtala Muhammed Airport Command, under the leadership of the Customs Area Controller, Comptroller Mohammed Yusuf, has generated a total of N38,707,054,216.44 between January to June 2023. In a statement released by the Public Relations Officer, Superintendent of Customs Victor…