Samuel Nwite
AUTHOR: Samuel Nwite
Airtel Africa Reports $248m Profit, Driven by Currency Gains and Mobile Money Expansion
Airtel Africa has recorded a significant turnaround in its financial performance, reporting a profit after tax of $248 million for the nine months ending...
Meta’s Q4 2024 Earnings Beat Expectations but Reality Labs unit Records $4.97B Loss
Meta’s stock edged higher in after-hours trading on Wednesday after the company delivered a strong fourth-quarter earnings report that exceeded analysts' expectations on both...
Meta Agrees to Pay $25 Million to Settle Trump Lawsuit Over Social Media Ban
Meta, the parent company of Facebook and Instagram, has agreed to pay $25 million to settle a lawsuit filed by Donald Trump over the...
Nigeria Secures $1.1bn AfDB Loan to Provide Electricity for Five Million People
In a bid to address Nigeria’s worsening electricity crisis, the Federal Government has secured a $1.1 billion loan from the African Development Bank (AfDB)...
Geregu Power Records 71% Profit Surge, Highlighting the Untapped Potential in Nigeria’s Power Sector
Geregu Power Plc, Nigeria’s first publicly listed electricity generation company, has reported a record-breaking 71% increase in profit after tax to N27.4 billion for...