MTN Nigeria is on track to generate ₦4.9 trillion in revenue by the end of 2025, driven by increased data tariffs, robust demand, and improved cost control. With Q1 profits rebounding to ₦133.7 billion and investor confidence rising, the telco is defying Nigeria’s tough macroeconomic climate.
The complaints outlined in a detailed letter signed by the union’s Public Relations Officer, Steven Iwindoye, accused LagRide of poor execution and disregard for both the well-being of its drivers, and Nigerian regulatory frameworks.
Only two Nigerian startups—Pricepally and Thrive Agric—made Bloomberg’s 2025 list of top African startups. While unexpected, it highlights Nigeria’s evolving food and agri-tech landscape amid Lagos’s rise as a global tech hub.
IHS Towers has agreed to sell its Rwandan subsidiary, IHS Rwanda Limited, to Paradigm Tower Ventures for $274.5 million. The deal includes 1,465 telecom towers and is expected to close in the second half of 2025, pending regulatory approvals.
Africa Data Centres has installed a self-cooling rack at its CPT1 facility in partnership with Gold Synergy, marking a significant step towards energy-efficient, scalable infrastructure solutions for high-density computing across Africa.
