By Ayomide Otitoju Shares of MTN Nigeria Plc recorded a sharp decline on the Nigerian Exchange (NGX) Tuesday, shedding over 2% in market value after a surge in off-market cross deals triggered a wave of sell-side pressure, despite the stock recently reaching a new 52-week high. The telecommunications giant, trading under the symbol MTNN, closed…
By Ayomide Otitoju Fidelity Bank Plc has reclaimed its position in Nigeria’s elite trillion-naira market capitalisation club following a 5.3% rise in its share price, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian Exchange Limited (NGX). This development marks a renewed show of investor confidence in the mid-tier…
By Ayomide Otitoju Relief swept across 21 communities in Yewa North Local Government Area as Dangote Cement Ibese Plant donated multi-million-naira worth of electrical materials to end a three-year-long blackout, reconnecting the towns to the national grid. In a landmark corporate social responsibility gesture, the cement company supported the Ibadan Electricity Distribution Company (IBEDC) with…
By Ayomide Otitoju Nigeria’s business environment saw improved performance in April 2025, as confidence among firms rose to its highest level in seven months, according to the NESG-Stanbic IBTC Business Confidence Monitor (BCM). The Current Business Index increased to +12.29 in April from +6.58 in March, driven by higher production, better cash flows, and increased…
By Ayomide Otitoju Abbey Mortgage Bank Plc has announced it will hold its 33rd Annual General Meeting (AGM) virtually on Wednesday, May 28, 2025, at 11:00 a.m. The bank disclosed that participation details will be made available via its official website and communication channels. The AGM will serve as a platform for presenting the company’s…
By Ayomide Otitoju ExportPlug has emerged winner of the first-ever AfCFTA Hackathon, taking home the ₦20 million grand prize during the Science of Trade Conference 2025 in Abuja. The winning team was lauded for its innovative export-enabling platform designed to simplify cross-border trade by connecting African producers with new markets using smart algorithms and competitive…
By Ayomide Otitoju Telecommunications and digital services provider, Globacom, has unveiled its Examination Preparatory Service, aimed at improving students’ performance in computer-based tests, including national examinations such as JAMB, WAEC, and international tests like IELTS. In a statement issued in Lagos, Globacom said the service was introduced in response to the rising concern over poor…
By Ayomide Otitoju The Aliko Dangote Foundation (ADF) has commenced the distribution of 30,000 bags of rice to vulnerable residents in Osun State, as part of its ongoing 2025 National Food Relief Programme aimed at combating hunger and easing economic hardship across Nigeria. The initiative was officially flagged off over the weekend by Osun State…
By Ayomide Otitoju The MTN CHAMPS Uyo Grand Final wrapped up on May 9 at the Godswill Akpabio Stadium, bringing an end to a thrilling four-day athletics meet that showcased some of Nigeria’s brightest young talents. A total of 2,187 athletes competed in the season finale, which concluded with the unveiling of the Top 10…
