Nigerian NewsDirect

MTN invests N1.62trn in network as H1 profit rises 71%

MTN Nigeria invests N1.62 trillion in network infrastructure between 2025 and the first half of 2026, as its profit after tax rose 70.6 per cent to N707.5 billion. The Chief Financial Officer (CFO), MTN Nigeria, Mr Modupe Kadri, disclosed this during an interactive session with newsmen in Lagos in its H1 2026 Mid-Year Catch-Up Presentation. ...

Equities market records N235bn gain

The equities market recorded N235 billion gain on Friday at the close of trading, reflecting sustained bullish sentiment among investors. This marked the 3rd consecutive bullish session in the week. The performance underscored renewed investor confidence in the stock market, driven by increased demand for blue-chip stocks and sustained positive market momentum. Market capitalisation rose ...

Tinubu hails Nigeria’s admission into World Energy Council

President Bola Tinubu has welcomed Nigeria’s formal admission as the newest National Member Committee of the World Energy Council (WEC). Tinubu described the development as a proud moment for the country and a strong vote of confidence in Nigeria’s energy reforms and leadership role in Africa. This is contained in a statement issued by Presidential ...

FRSC urges regular professional training for security drivers in Nigeria

The Federal Road Safety Corps (FRSC) has urged security agencies across Nigeria to institutionalise regular professional training for their drivers to improve road safety, operational efficiency and emergency response. Mr Moses Odogiyan, Head of Operations, FRSC, Kogi Sector Command, made the appeal, on Friday, at the closing ceremony of a three-day specialised drivers’ training programme ...