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Business

DisCos Leave N123.87bn Power Revenue Gap in June

Nigeria’s electricity distribution companies (DisCos) left a N123.87bn gap between the value of electricity supplied to them and the revenue they collected from customers...

Reacher Corporate Tech Launches to Help Brands Close the Gap Between Reach and Trust

Reacher Corporate Tech (RCT), a Lagos-based technology and brand growth company, has officially commenced operations, positioning itself as an integrated partner for businesses and...

Nigeria, Ghana Contribute R9.3bn to MTN Group in Six Months

Nigeria and Ghana contributed R9.3 billion in cash to MTN Group in the first half of 2026, accounting for about 67 per cent of...

MTN’s $2.2bn IHS Towers Deal Gets Nigerian Regulatory Approval

MTN Group’s proposed $2.2 billion acquisition of IHS Towers has received conditional regulatory approval in Nigeria, clearing a major hurdle in the telecoms giant’s...

NAICOM Revokes Universal Insurance Licence Over Capitalisation Failure

The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc for failing to meet the revised minimum capital requirement for...

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