South Africa’s MTN Group sells 575m Nigerian shares this November, as it announces very strong third-quarter earnings in September 2021. The 547 million shares represent a tiny 3% of its shares in MTN Nigeria. It however makes good the pledge to divest 14 percent of its holdings to local investors. The sale furthers the intent of the company to localize ... Read More »

MTN Nigeria has announced the commencement of the second round of the 2021 edition of the mPulse Spelling Bee. The first 1000 participants with the highest score among over 13,000 entrants have progressed to the second round of the competition. Text messages were sent to successful participants and their names have been published on the mPulse website. The shortlisted candidates, ... Read More »

Transcorp Hotels Plc. (the “Company” or the “Group”), (Bloomberg: TRANSCOH:NL; Reuters: TRANSCOHOT.LG), owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited Q3 results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a gross profit growth of 149 percent to N10.8 billion, leading to a profit before tax of ... Read More »

Stanbic IBTC Holdings Chief Executive, Dr. Demola Sogunle, stated in a recent interview that at Stanbic IBTC, we consider infrastructure development as a key driver of economic growth and development. This is one of the reasons behind the launch of the Stanbic IBTC N100 billion Infrastructure Fund. We aim to deploy proceeds of the fund for the development of infrastructure ... Read More »

First Bank of Nigeria Limited created FirstSME Account to add to its SME product family in support of small and medium scale business owners by sustaining and expanding their business. AMAKA IFEAKANDU looks at what the facility offers and how SMEs owners can key in to boost their businesses. There is no doubt that Small and Medium scale Enterprises (SMEs) ... Read More »

The NNPC Ltd hereby urges the general public not to engage in panic buying of petroleum products, as the Company has sufficient stock of the products that will last the festive period and beyond. The NNPC is also engaging all stakeholders to ensure smooth supply and distribution of products to every part of the country. Read More »

Tottenham Hotspur have announced the appointment of Antonio Conte as manager. This is coming barely 24 hours after the sacking of Nuno Espirito Santo who formerly held the position. “We are delighted to announce the appointment of Antonio Conte as our Head Coach on a contract until the summer of 2023, with an option to extend,” the announcement read on ... Read More »

P+ Measurement Services, Nigeria’s foremost Independent Public Relations measurement and evaluation agency, celebrates its sixth year of effective operation with qualitative offerings for its numerous clients, as it rebrands with a new business logo, website, and office to deepen penetration. The leading company has in the past six years engendered the needed growth for its clients, and the rebranding is ... Read More »

Zenith Bank Plc has reported a one per cent increase in its profit before tax to N180bn in the nine months ended September 30 2021, from N177bn it recorded in the corresponding period of 2020. The bank also said in a statement on Sunday that its gross earnings increased by two per cent from N509bn in Q3 2020 to N519bn ... Read More »

A pro-Muhammadu Buhari group, Nigeria First Movement has called for the resignation or sacking of the governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele. According to the supporters of the President, doing so will save the nation from further economic meltdown. Group Coordinator, Augustine Richard in a statement said the latest introduction and subsequent launch of the ... Read More »