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MTN Becomes First African Telco to Surpass 300 Million Subscribers

By Ayomide Otitoju  MTN Group has achieved a historic milestone, becoming the first African telecommunications operator to surpass 300 million subscribers across its markets. The achievement was announced by Group President and CEO, Ralph Mupita, during the company’s annual Ambassadors’ Appreciation Dinner. The feat marks a major success in MTN’s Ambition 2025 strategy, which set…

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Access Holdings Posts ₦2.5 Trillion Half-Year Earnings, Up 13.8%

By Ayomide Otitoju  Access Holdings Plc has announced gross earnings of ₦2.5 trillion for the half-year ended June 30, 2025 — a 13.8% increase from ₦2.2 trillion recorded in the same period of 2024. According to the Group’s audited financial results released on Friday, the performance reflects the strength of its diversified business model, resilience…

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Mshelbila Elected GECF Chief, Bolstering Africa’s Gas Influence

By Ayomide Otitoju Philip Mshelbila, Managing Director of Nigeria LNG Limited, has been elected Secretary-General of the Gas Exporting Countries Forum (GECF), succeeding outgoing Secretary-General Mohamed Hamel. The GECF, a key platform uniting major gas producers worldwide, promotes dialogue and advances global energy security. Mshelbila’s appointment underscores Africa’s growing prominence in global gas discussions and…

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ITFC, Hamkorbank Boost Trade Finance with $30M Facility

By Ayomide Otitoju The Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Hamkorbank, a joint-stock commercial bank with foreign capital, have strengthened their partnership by signing an increase in their Line of Trade Financing Agreement with an additional US$30 million. The signing ceremony took place at ITFC Headquarters…

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Mshelbila Elected GECF Secretary-General, Boosts Nigeria’s Gas Profile

By Ayomide Otitoju The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bashir Bayo Ojulari, has hailed the election of Dr. Philip Mshelbila, Managing Director of Nigeria LNG Ltd, as the new Secretary-General of the Gas Exporting Countries Forum (GECF), describing it as a milestone for Nigeria’s gas industry and…

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Fearless Energy Drink Powers Felabration 2025 as Exclusive Sponsor

By Ayomide Otitoju Rite Foods Limited, Nigeria’s foremost food and beverage company, through its flagship brand Fearless Energy Drink, energized this year’s Felabration as the exclusive energy drink sponsor of the iconic week-long festival celebrating Afrobeat legend Fela Anikulapo Kuti. With the vibrant theme “Shakara, No Fear,” Fearless amplified the festival’s spirit of music, creativity,…

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 FirstBank Integrates PAPSS into LIT App for Local Currency Payments 

By Ayomide Otitoju   FirstBank, one of West Africa’s foremost financial institutions and a pioneer in financial inclusion, has announced the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT app. The development allows customers to make instant, secure, and local currency-based cross-border payments across the African…

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Adron Homes Launches Lemon Friday Plus Promo for Affordable Housing

By Ayomide Otitoju Adron Homes and Properties, one of Nigeria’s foremost real estate firms known for promoting affordable housing, has unveiled its Lemon Friday Plus Promo, an enhanced version of its popular annual Lemon Friday campaign. The new initiative offers discounts of up to 50% on all Adron Homes estates nationwide, flexible payment plans, and…

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