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Nigerian Breweries Returns To Winning Ways, Reports N99bn Profit
Nigerian Breweries has returned to winning ways, according to its full-year financial statement for 2025. The company recorded a net profit of N99.1 billion, reversing a net loss of N145 billion in 2024.
According to the…
Just In: MTN Moves To Take Full Control Of IHS Towers In $2.2 Billion Deal
Africa's largest mobile network operator is set to become the sole owner of one of the continent's biggest tower companies after IHS Towers' board gave the green light to a takeover offer from MTN Group.
The South African telecoms…
Consumer Drags Chowdeck To Court Over Alleged Price Markups
A Nigerian consumer, Dolapo Adedeji has formally dragged Chowdeck, a rapidly expanding food delivery platform before the courts.
Before now, Adedeji had lodged a complaint earlier in the court at the Competition and Consumer…
Airtel Accelerates Network Upgrades Nationwide, Targets Deeper Northern Penetration
Airtel Nigeria has revealed that it is tightening its grip on Northern Nigeria and using that advantage to power a broader national strategy focused on speed, scale and service quality.
The telecoms operator revealed this…
Omnicom, WPP, Dentsu Secure Brand Spots In OpenAI’s Ad Pilot
Major global advertising groups, including Omnicom Media, WPP, and Dentsu, have secured brand spots in OpenAI’s newly introduced Ad Pilot program on ChatGPT, despite the substantial entry cost.
According to reporting from…
Airtel Announces New Milestone: Hits 99% 4G Coverage Nationwide
Airtel Nigeria has officially announced that it has achieved 99% 4G coverage across the country. This significant milestone highlights Airtel’s commitment to expanding reliable, high-speed internet access to urban and rural…
Google Opens Applications For 10th Startups Accelerator Africa
Google has opened applications for the 10th cohort of its Startups Accelerator Africa, signalling a renewed focus on artificial intelligence and machine learning for startups across the continent. The programme is designed for…
Cadbury Nigeria Returns To Winning Ways, Records N12 Billion Profit
Cadbury Nigeria has recorded a N12.1 billion net profit for 2025 business, a dramatic reversal from the N22.2 billion deficit that haunted its 2024 books. Revenue climbed 31%, powered by renewed consumer appetite for its flagship…
Nigeria’s Data Game Levels Up As Airtel Launches NXtra Data Centre
Airtel Nigeria has officially kicked off operations at its NXtra Data Centre in Eko Atlantic, Lagos, marking a major milestone in the country’s data evolution journey. This hyperscale, edge-ready facility is set to significantly expand…
Coca-Cola Unveils Plans To Invest Additional $1bn In Nigeria
The Coca-Cola Company has announced plans to invest an additional $1 billion in its Nigerian operations, aiming to boost production, strengthen supply chains, and enhance workforce training nationwide. This investment will also…