Brandcom - Linking the future

MTN Nigeria Communications Plc is set to sell Y’ello Digital Financial Services (YDF) and a 60% stake in MoMo Payment Service Bank to its parent company, MTN Group, in a transaction valued at N152.06 billion. The two subsidiaries are the main engines behind MTN Nigeria’s fintech revenue, and the proposed sale was revealed in a FAQ document sent to shareholders ahead of the company’s Annual General Meeting scheduled for April 30, 2026. MTN Group said it will make its move through MTN Group Fintech B.V.,…

The Federal Competition and Consumer Protection Commission has opened an investigation into a viral bread review that raised questions about product quality, after the woman behind the review was arrested and sued for ₦50 million by the baker whose product she publicly criticized. The FCCPC's Director of Corporate Affairs, Ondaje Ijagwu, disclosed this on Tuesday during an interview on Channels Television's The Morning Brief. The controversy stems from a video posted by Love Doshima, in which she claimed that a…

In its tradition as an innovative business, telecommunications giant, Globacom has unveiled two new television commercials, “Road Trip” and “Department of Imagination,” underscoring its commitment to delivering seamless connectivity. Both commercials are vibrant and engaging, showing how Glo integrates effortlessly into everyday life while pointing toward a more connected and exciting future. “Road Trip” tells a relatable, feel-good story of a family journey filled with laughter and routine moments. When Toyin…

Meta has launched a new app called Instants, rolling it out in Italy and Spain this week as a test market. This marks another chapter in the social media giant's ongoing strategy to capture different ways people connect. Instants lets users share disappearing photos with their friends. These photos last 24 hours and can't be viewed more than once. The app's slogan, per the current app listing is said to be "Real life, real quick." The app is intended to "give people low-pressure ways to connect with friends,"…

Nigerian Breweries Plc’s Board and Management have been commended for the company's strong recovery and improved profitability in the 2025 financial year, driven by disciplined cost management and a significant reduction in finance expenses. The commendation was made by shareholders of the company at NB Plc’s 80th Annual General Meeting held at the Oriental Hotel, Victoria Island, Lagos, on Wednesday, April 22, 2026. The company returned to profitability in 2025 after recording net losses in 2023 and 2024. Record…

The Advertisers Association of Nigeria (ADVAN) has won the President’s Award by the World Federation of Advertisers (WFA) at the organisation’s Global Marketer Week in Stockholm, Sweden. The award is given to national industry associations whose programmes advance marketing practice and contribute to broader societal impact. ADVAN disclosed that the honour came through a competitive selection process among associations across the WFA’s global network. “This year’s honours were awarded following a rigorous…

Nigeria's aviation sector is reeling from an acute shortage of aviation fuel (Jet A1) that has triggered widespread flight delays, cancellations, and service disruptions across major airports in Lagos, Abuja, and other key domestic routes. The crisis, driven by geopolitical tensions and supply chain constraints, has seen aviation fuel prices surge by over 300 percent since the onset of the US-Israel conflict and subsequent closure of the Strait of Hormuz, a waterway responsible for one-fifth of global fuel…

In a glittering ceremony at Eko Hotels and Suites Convention Centre, BUA Cement Plc turned the spotlight on its top 30 distributors, showering them with cash, SUVs, and CNG trucks for fueling the company's stellar 2025 growth. The 2025 Distributors’ Awards, themed around partnership and resilience, recognized excellence across four fierce categories: Regional Champions, Pacesetters, Powerhouse, and Market Dominators. The two elite top performers each snagged cash prizes plus two CNG trucks apiece, while other…