Category Archives: business

MTN Nigeria and 9Mobile Sign Nigeria’s First Ever National Roaming Agreement

In a significant development set to reshape Nigeria’s telecommunications landscape, MTN Nigeria and 9Mobile have officially signed a National Roaming Agreement. This pioneering partnership, the first of its kind in Nigeria, will enable 9Mobile subscribers to seamlessly access and benefit from MTN Nigeria’s network infrastructure across the country. The rollout of this agreement is slated […]

MTN NIGERIA RELEASES 2024 SUSTAINABILITY REPORT, REAFFIRMS LEADERSHIP IN ESG DISCLOSURE AND IMPACT DELIVERY

…Enhances ESG Performance Across Core Metrics MTN Nigeria Communications Plc (“MTN Nigeria” or the “Company”), Nigeria’s leading telecommunications provider, announces the release of its 2024 Sustainability Report. Now in its sixth consecutive year, the Report underscores MTN Nigeria’s continued commitment to sustainability, transparency, and shared value creation through strategic ESG integration and responsible business practices.   Notably, this […]

FCMB Group Plc’s 12th AGM Affirms Dividend, Closes FY 2024 With ₦7.1 Trillion In Total Assets

FCMB Group Plc convened its 12th Annual General Meeting (AGM) in Lagos on April 29, 2025, where shareholders endorsed the Group’s 2024 financial results and approved key resolutions to drive future growth and strengthen governance. FCMB Group closed 2024 with total assets of ₦7.1 trillion and deposits of ₦4.3 trillion. The Group’s digital transformation gathered […]

MTN Nigeria’s Bold Bet on Network Expansion: What ₦202.4 Billion in CAPEX Signals for the Market

In an economic climate where many businesses are scaling back, MTN Nigeria is doubling down—to the tune of ₦202.4 billion in capital expenditure in Q1 2025 alone. The telco giant’s decision to increase its CAPEX by 159% year-on-year is not just a headline-grabbing figure; it’s a statement of intent. As Nigeria’s largest telecoms operator, MTN […]

Meet The Winners of The 4th Season of FMN Prize for Innovation (PFI)

The fourth season of the FMN Prize for Innovation recently concluded with an exciting finale that showcased Nigeria’s brightest agricultural entrepreneurs. This season had about 2000 entries, each vying for the ultimate Prize money of ₦5,000,000, ₦3,000,000 & ₦2,000,000 and other support that the Group offers to winners. After months of rigorous evaluation, mentorship, and […]

How FMN PFI is Driving Sustainable Food Systems in Nigeria

– A Case Study of Soilless Farm By Farmer Samson Ogbole Innovation is the backbone of sustainable food systems, and for four years, the FMN Prize for Innovation (PFI) has been at the forefront of championing groundbreaking ideas in Nigeria’s agricultural sector. Launched by Flour Mills of Nigeria Plc (FMN), the PFI initiative identifies and […]

MTN Launches Flagship 5G Experience Centre in Abuja …First of its kind in West Africa

Leading telecommunications provider, MTN Nigeria, has officially launched the first 5G Experience Centre in Abuja, on Wednesday, 16th October, marking a significant milestone in the brand’s commitment towards advancing connectivity in Nigeria. The state-of-the-art centre is designed to showcase the capabilities of 5G technology, empowering customers, businesses, and innovators to explore its potential. The launch […]

Edenlife opens the first Homemade Outlet Store in Oniru: To open 49 more Across The Country.

Homemade by Eden, the food retail buiness of Nigerian home concierge startup, Edenlife has marked a significant step towards National expansion with the launch of its first Outlet store  in Oniru, Lagos State. This move signals the company’s commitment to bringing its signature homemade meals directly to consumers across the country.    Commenting on the […]

Old Mutual’s Announcement Regarding The Proposed Sale of Its Nigerian General And Life Insurance Businesses

Old Mutual Nigeria today announced the sale of 100% of its stake in the General Insurance and Life businesses to the Emple Group. The Emple Group is an investment company managed by experienced Nigerian investors with a proven track record of delivering best-in-class transaction execution across Sub-Saharan Africa as well as growing its investment in […]

Companies That Fail on Corporate Governance are Viewed as High-Risk Investment Option, Yewande Giwa Says

The Head, Governance and Sustainability, Honeywell Group, Mrs. Yewande Giwa, who is responsible for implementing and managing the governance framework for the group, in a recent interview spoke on the implications of corporate governance on companies. See excerpts of the interview with Dike Onwuamaeze of Thisday below: What is your view about the state of […]