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MTN Plans Second Public Offer In Nigeria

MTN Group President, Ralph Mupita, has announced plans to reduce its shareholding in MTN Nigeria through a public offer after it returns to profitability. The group aims to cut its stake from 76 percent to 65 percent in line with its longstanding
April 11, 2025

Adesina Warns Nigeria Losing Future to ‘Japa’ Syndrome

President of the African Development Bank (AfDB), Dr. Akinwumi Adesina has raised concerns over Nigeria’s growing migration trend popularly known as “Japa,” cautioning that the country and the continent are losing their most valuable resource—youths. Adesina spoke during an interview on Channels
April 11, 2025

NERC Fines Eight DisCos N628m Over Crazy Billing

The Nigerian Electricity Regulatory Commission (NERC) has fined Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies the sum of N628.03 million for non-compliance with the capping of estimated billing for unmetered customers. The commission conveyed the sanction in
April 10, 2025
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