Glo Battle of the Year Nigeria ends with fanfare as winners emerge
Nigerians and fun-seeking youths were weekend thrilled with unprecedented individual break-dancers and dance crews who won in the different categories of the biggest dance reality competition, termed Glo Battle of the Year Nigeria. The show ended in Lagos on Saturday,…
MTN Nigeria holds AGM, votes dividend payment in total sum of N174.53bn
At the Annual General Meeting of MTN Nigeria Communications PLC (the Company or MTN Nigeria) held on Thursday, 28 April 2022 at the Rooftop Event Hall, MTN Plaza, Falomo, Ikoyi, Lagos; Members of the Company resolved that: The Audited Financial…
MTN Nigeria drives 31.3% y/y increase in PAT to NGN96.82bn
MTN Nigeria Communications Plc (MTNN) released its Q1-22 unaudited results this morning, April 29, 2022, showing a 31.3% y/y increase in PAT to NGN96.82 billion while EPS stood at NGN4.76 (+28.5% y/y). The growth in earnings was driven mainly by…
Konga Tech Week to host biggest tech deals of the year
Konga, Nigeria’s leading composite e-commerce giant, is set to host its annual Tech Week promotion, widely regarded as the biggest tech sale in the Nigerian shopping calendar. Konga Tech Week is set to run from Monday, May 9 to Friday,…
NCC deepening Colocation, Infrastructure Sharing Market Segment
The Nigerian Communications Commission (NCC) has commenced the process of conducting a study to assess the current level of competition in the colocation and infrastructure sharing (CIS) segment of the Nigerian telecommunications sector. Seventy-eight licensees are currently operating in that…
MTN Nigeria, PAU lift journalists with Media Innovation Programme (MIP)
MTN Nigeria and Pan-Atlantic University (PAU) Wednesday unveiled a new certificate programme targeting media executives to retrain journalists on the job on a scholarship basis. The programme, named MTN Media Innovation Programme (MTN MIP), will be run by PAU’s School…
After acquisition, Musk promises to reduce censorship on Twitter platform.
No doubt, with the $44bn buy-over, Elon Musk is now Twitter’s largest individual shareholder, after he recently acquired a 9.2% stake in the company, amounting to roughly 73 million shares. In a letter to Twitter, Musk states Twitter is “the…
Lagos leads in Africa’s Investment Destination for Digital Infrastructure—Okpeke
This recognition of the leading role Lagos is playing in driving investment was highlighted during a panel hosted by Digital Infra Africa where industry experts deliberated on the impact of growing investment by global players in data centers on the…
NGX alive as MTN Issues N127 billion Series 1, 2 Commercial Papers
As a way of consolidating leadership in the Nigerian Exchange Limited (NGX) and boosting investors confidence, MTN Nigeria Communications PLC., Monday, April 25, 2022, issued a historic N127,000,000,000 Series 1 & 2 Commercial Paper. The telecom giant said the Issuance…
Agrawal doubts future of Twitter after $44bn sale to Musk
Twitter on Monday (April 25) confirmed the sale of the company to Tesla and SpaceX boss Elon Musk for $44 billion. The sale will now give control of one of the most popular social media platforms to the world’s richest…