Business

MTN Reports 22.4% Revenue Growth in H1 2025, Driven by Nigeria and Ghana

Published

7 months ago

August 20, 2025

MTN has recently announced their financial results after the first half of 2025. The report stated that a 22.4 percent increase was made in the service revenue and was driven mainly by their users in Nigeria and Ghana.

The report also shared that the group rose by 23.2 percent to R105.1 billion. It can be noted that this growth occurred after higher demand for data, which increased the data revenue.

Aside from its financial success, MTN also announced that the current CEO of MTN Nigeria will be taken over by Karl Toriola from November 1, 2025, as he will take on the role of Vice President for Francophone Africa, overseeing operations in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville.

Related Topics:Business MTN Tele communication

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Business

Dangote Refinery Increases Petrol and Diesel Prices

Published

2 weeks ago

March 10, 2026

Ese Ohwofa

It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.

It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.

This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.

Business

10 Businesses to Invest in 2026: Best Sectors, Stocks, and Companies to Watch

Published

1 month ago

February 17, 2026

Ese Ohwofa

MTN Nigeria Communications Plc (MTNN) – Strong telecom growth and 5G expansion.
Dangote Cement Plc (DANGCEM) – Leading cement maker benefiting from infrastructure demand.
Guinness Nigeria Plc (GUINNESS) – Consumer stock with solid turnaround potential.
Okomu Oil Palm Plc (OKOMUOIL) – Agriculture stock tied to palm oil demand.
Seplat Energy Plc (SEPLAT) – Energy player with gas and oil sector exposure.
Zenith Bank Plc (ZENITHBANK) – Tier-1 bank with strong financial performance.
Guaranty Trust Holding Company Plc (GTCO) – Leading bank with diversified revenue streams.
Presco Plc (PRESCO) – Palm oil producer with export and dividend potential.
NASCON Allied Industries Plc (NASCON) – FMCG stock with strong fundamentals.
Aradel Holdings Plc (ARADEL) – Growing energy sector stock with upstream exposure.

Business

BATNF, NYSC Collaborate to Promote Agribusiness Among Corps Members

Published

2 months ago

January 28, 2026

Ese Ohwofa

It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.

The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.

The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.