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MTN's annual profit hammered by Nigeria currency devaluation

Telecoms & Networks

MTN's annual profit hammered by Nigeria currency devaluation

17 Mar 2025

Checkers is one of SA's leading retail brands. Source: Shoprite Holdings.

Branding

Banking, retail and telecoms power SA’s brand value to over R600bn in 2025

6 Mar 2025

Source: Reuters.

Financial Services

Nigeria suing Binance for $81.5bn in economic losses and back tax

Camillus Eboh 20 Feb 2025

A view shows part of Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos. Source: Reuters/Temilade Adelaja

Energy

Second fuel price hike in Nigeria in as many weeks

Camillus Eboh 17 Sep 2024

MTN Group CEO Ralph Mupita seemed positive in his H1 results statement.

Telecoms & Networks

Fintech shines bright in gloomy MTN results

Lindsey Schutters 19 Aug 2024

Source: Reuters.

Financial Services

Nigeria court rules Binance executive can face trial on behalf of crypto exchange

Camillus Eboh 17 May 2024

Source: Frederik Lipfert/Unsplash

Telecoms & Networks

MTN dominates South African mobile market, network quality report shows

Lindsey Schutters 8 Apr 2024

Tigran Gambaryan, an executive of Binance, the world's largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in Abuja, Nigeria, 4 April 2024. Reuters/ Abraham Achirga

Corporate & Commercial Law

Detained Binance executive in court on Nigerian tax, money laundering charges

Camillus Eboh 4 Apr 2024

Telecoms & Networks

MTN revenue up, but naira drags profit down

Nqobile Dludla 25 Mar 2024

FNB is one of the most valuable banking brands. Source: FNB.

Branding

4 African banks including FNB and Capitec are world's strongest banking brands

6 Mar 2024

Media

MultiChoice will pay settlement of $37.3m to Nigerian tax authorities

Nqobile Dludla 8 Feb 2024

Environmental Law

Nigeria's top court says Shell's appeal should be heard after oil spill claim

Camillus Eboh 5 Jan 2024

Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja. Source: Reuters/Temilade Adelaja

Coal, Oil & Gas

Saudi Arabia signs deal with Nigeria on sidelines of Saudi-Africa summit

Felix Onuah 10 Nov 2023

Skills Development & Training

Google to train 20,000 Nigerians in digital skills

Felix Onuah 16 Aug 2023

Source: Reuters.

Pharmaceuticals

GSK Nigeria calls an end to its business, to return cash

4 Aug 2023

Nigeria's Tinubu approves new infrastructure fund to boost competitiveness

Infrastructure & Utilities

Nigeria's Tinubu approves new infrastructure fund to boost competitiveness

Felix Onuah 21 Jul 2023

Source: Reuters.

Economy

Nigeria's naira hits record low on black market ahead of central bank meeting

Elisha Bala-Gbogbo 21 Jul 2023

Banking

Mukuru revolutionises Nigerian money transfers with naira bank top-ups

13 Jul 2023

Source: Reuters.

FMCG

Nestle ramps up Nigeria raw material sourcing as forex squeeze bites

Richa Naidu 26 Jun 2023

Nigeria's small businesses feel squeeze after petrol subsidy scrapped

SMEs

Nigeria's small businesses feel squeeze after petrol subsidy scrapped

12 Jun 2023

Unilever pivots to African suppliers as forex pressure mounts

FMCG

Unilever pivots to African suppliers as forex pressure mounts

Seun Sanni 31 May 2023

Dangote launches Africa's biggest oil refinery - 4 ways it will affect Nigeria

Coal, Oil & Gas

Dangote launches Africa's biggest oil refinery - 4 ways it will affect Nigeria

Nnaemeka Vincent Emodi 23 May 2023

Source: Supplied. Yellow Card's chief executive officer, Chris Maurice

Fintech

#AfricaMonth: How Yellow Card hit 1 million users in pursuit of inclusive finance

Katja Hamilton 18 May 2023

Markets & Investment

Are investors in African equities poised for wins amidst global turmoil?

Rami Hajjar 9 May 2023

A person holds a new 1000 naira note as the Central Bank of Nigeria releases the notes to the public through the banks in Abuja, Nigeria, 15 December 2022. Reuters / Afolabi Sotunde / File Photo

Law Practice

Nigerian court extends old banknotes to end-2023 amid cash shortage

Camillus Eboh 3 Mar 2023

Source: Reuters. A person holds a new 1000 Naira note as the Central Bank of Nigeria releases the notes to the public through the banks in Abuja, Nigeria.

Economy

Nigeria's plan to ditch old banknotes leads to chaos

15 Feb 2023

Source: Supplied. Alice Tomdio, chief financial officer at Yellow Card Financial.

Fintech

Paving the way for women in crypto

Katja Hamilton 15 Dec 2022

Source: Reuters.

Banking

Nigeria unveils new bank notes in bid to control liquidity

25 Nov 2022

Nigeria suspends plan for 5% tax on telecoms despite revenue crunch

Telecoms & Networks

Nigeria suspends plan for 5% tax on telecoms despite revenue crunch

7 Sep 2022

Environmental impact assessments don't work in Nigeria: here's why

Environment & Natural Resources

Environmental impact assessments don't work in Nigeria: here's why

Synda Obaji 7 Sep 2022

Nigerian bakers suspend production over high costs

Food & bev. services

Nigerian bakers suspend production over high costs

Camillus Eboh 21 Jul 2022

Nigerian businesses turn to solar as diesel costs bite

Renewables & Energy Efficiency

Nigerian businesses turn to solar as diesel costs bite

MacDonald Dzirutwe 12 Jul 2022

#AfricaMonth: Exponential intra-trade growth expected on the continent

Markets & Investment

#AfricaMonth: Exponential intra-trade growth expected on the continent

Katja Hamilton 6 May 2022

What does the increase in global inflation mean for African countries?

Finance

What does the increase in global inflation mean for African countries?

Peter Hirst 29 Apr 2022

Shell stopped from selling Nigerian assets until $2bn appeal decided

Coal, Oil & Gas

Shell stopped from selling Nigerian assets until $2bn appeal decided

Camillus Eboh 15 Mar 2022

A Boeing 737-7BD Arik Air aeroplane is seen parked on the tarmac at the local airport in Lagos, file. REUTERS/Akintunde Akinleye/File Photo

Aviation

Domestic flights in Nigeria disrupted due to fuel shortage

Chijioke Ohuocha 11 Mar 2022

Source:© flickr

TV

MultiChoice expects end of $4.4bn Nigeria tax row soon

10 Mar 2022

Andrew Chimphondah parts ways with Shelter Afrique

Affordable & Social Housing

Andrew Chimphondah parts ways with Shelter Afrique

22 Feb 2022

Crypto regulation in South Africa is imminent - Luno

ICT

Crypto regulation in South Africa is imminent - Luno

17 Jan 2022

#BizTrends2022: What's next for retailing in Africa?

Trends

#BizTrends2022: What's next for retailing in Africa?

Christele Chokossa 5 Jan 2022

A woman walks past an advertising posters for MTN telecommunication company along a street in Lagos, Nigeria 28 August 2019. Reuters/Temilade Adelaja

Telecoms & Networks

MTN to sell shares in Nigeria unit via public offer

Priyanshi Mandhan and Muvija M 5 Nov 2021

Source: ©pavel shlykov

Economy

Nigeria launches digital currency to enhance payments

25 Oct 2021

Nigeria foresees 2022 oil production at 1.88 million bpd, GDP growth of 4.2%

Coal, Oil & Gas

Nigeria foresees 2022 oil production at 1.88 million bpd, GDP growth of 4.2%

Camillus Eboh 23 Sep 2021

YouTube NextUp comes to South Africa and Nigeria

Social Media

YouTube NextUp comes to South Africa and Nigeria

16 Sep 2021

Nigeria's Twitter ban leaves some businesses in the lurch

Services

Nigeria's Twitter ban leaves some businesses in the lurch

Nneka Chile 14 Jun 2021

Rising cement costs hamper Nigeria's building developers

Materials & Equipment

Rising cement costs hamper Nigeria's building developers

Angela Ukomadu and Seun Sanni 12 May 2021

Nigeria extends naira incentive offer to boost diaspora inflow

Economy

Nigeria extends naira incentive offer to boost diaspora inflow

Chijioke Ohuocha 7 May 2021