Nigeria’s internet service provider (ISP) market suffered its steepest subscriber decline in years with over 18,000 subscribers lost and 18 companies leaving the market between Q3 2024 and Q1 2025, according to new data from theRead More
Business Gists
UK-based Nigerian Lady Shares Why She Will Never Bring Any Man Over According to the report titled AFRAA Taxes and Charges Study Review 2024, Nigerians pay an average of $180 each per foreign departure, which is almosRead More
Burger King opens first outlet in Abeokuta Global fast food giant Burger King has opened first outlet in Abeokuta, marking a significant expansion into Ogun State.The event was attended by the Deputy Governor of OgunRead More
Olugbemi. Adeyinka Ogunleye
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AMCON sells Ibadan DisCo for ₦100bn amidst legal shutdown The Asset Management Corporation of Nigeria (AMCON) has disclosed that it sold the Ibadan Electricity Distribution Company (IBEDC) for ₦100 bilRead More
Enugu Air Launches On Monday, July 7Enugu Air, an Enugu-state owned commercial airline is set to launch on Monday, July 7, 2025, a statement released by the state government on Thursday has revealed. According to the state gRead More
AMCON sells 60% stake in Ibadan DisCo for N100bnThe Asset Management Corporation of Nigeria has announced the sale of the Ibadan Electricity Distribution Company as part of renewed efforts to divest distressed assets and intensiRead More
MultiChoice Nigeria revenue falls 44% on customer loss Company said in its latest financial report. Inflation stood at 23.71 per cent in April 2025, according to the National Bureau of Statistics.The pay-TV provider has losRead More
A pivotal moment has arrived for Dangote Sugar Refinery Plc, as the industrialist Aliko Dangote officially steps down as Chairman of the Board of Directors. This concludes an impactful 20-year tenure that profoundly shapedRead More
Otedola to consolidate stake in FirstBank as Otudeko, Odukale consider exit The prolonged power tussle for the control of Nigeria’s premier financial institution, First Holdco Plc, the parent company of First Bank ofRead More
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