MTN Nigeria Communications (MTNN) Plc, in line with its dividend policy, approved an interim dividend of N113.98 billion, representing N5.60 per share to be paid out of distributable net income. …
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AfricaBusinessMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
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AfricaBusiness and EconomyJaiz BankNewsNigeriaWestern Africa
Honeywell, Jaiz Bank lead Nigerian capital market’s N364.3bn recovery
The equity capitalization in the Nigerian capital market rose to N27.30 trillion at the close of trading on Tuesday. The figure was N364.3 billion higher than the N26.93 trillion posted …
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AfricaBusinessDangote IndustriesNewsNigeriaWestern Africa
Dangote Sugar records N29.73bn profit before tax in H1
Dangote Sugar Refinery Plc has declared a Profit Before Tax of N29.73 billion for the half year ended June 30, 2022. It said this on Tuesday in a report by …
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AfricaBusinessFinance & ServicesMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
MoMo wallets records N2.4 active wallet, in less than two months
MoMo, MTN’s Payment Service Bank, has recorded 4.2 million wallets with 2.4 million being actively used in less than two months of its launch. The company disclosed this in its financial result …
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AmazonGlobal NewsTechnologyTelecommunications
Elon Musk keeps selling Tesla shares even without Twitter deal
Investors expect Elon Musk to sell more shares of his electric carmaker Tesla Inc. by the end of 2022, according to the latest MLIV Pulse survey. About 75% of 1,562 …
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AfricaChipperEastern AfricaFinance & ServicesKenyaNewsSpotlightTechnology
Central Bank of Kenya orders Banks to close Flutterwave and Chipper Cash accounts
The Central Bank of Kenya (CBK) has directed banks and microfinance institutions to seize dealing with payments technology firms Flutterwave and Chipper Cash. In a letter to chief executives, the …
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Safaricom has appointed John Ngumi as its director and Chairman of the Board effective August 1, subject to regulatory approval. Ngumi will take over from Michael Joseph who served as …
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Access BankAfricaBanking, Finance & InvestmentBusinessNigeriaWestern Africa
Access Bank gets ISO certification
Access Bank Plc has attained the MSECB Management System Certificate in accordance with the management system requirements in ISO 37301:2021. This feat sees the institution become the first bank to achieve …
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Mathira MP and UDA’s deputy presidential candidate Rigathi Gachagua has lost Sh202 million to the State after the High Court ruled that the money held in four accounts at Rafiki …
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AfricaAirtelBusinessEconomyTelecommunications
Airtel Africa Plc Net Earnings Up 25.3% to $178 Million
Airtel Africa plc, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa reported its earnings for the quarter ended 30 June 2022. Revenue for …