When the news broke yesterday, I chatted with him on WhatsApp to confirm. Yes, one of the most amazing professionals in Nigeria joins FBN Holdings Plc as a Board member. From all of us at Tekedia Institute, we congratulate JB Omodayo-Owotuga, FCA, CFA  for this ascension.

Through a multi-year endowment his family made to Tekedia Institute, in the memory of Late Most Supreme Apostle Matthew Omodayo Owotuga, dozens of many young people have attended our programs for free. In the next coming days, a new list is coming from Owotuga Foundation which manages the scholarships.

Please go and open a First Bank of Nigeria Ltd. account because the elephant will dance really well. To JB and all the team at FBN Holdings, more wins await.

Tekedia Institute welcomes our learners to the 7th edition of Tekedia Mini-MBA. We’re 41 countries in this edition using data from Paypal, Stripe,, etc payment systems. By now, you ought to have received your login credentials to the academic board. The courseware will go live on Monday and the festival begins. Welcome to the Institute. Check our curriculum here.

The innovators are gathering. Tekedia Mini-MBA which begins Feb 7 welcomes the team from Eonsfleet: “Africa’s AI driven asset management and energy monitoring Platform”. We’re confident that your time at the Institute will deepen your capabilities to advance in markets. You will master the constructs of innovation, business growth and digital operational execution.

CEO Tokunbo Olaitan Arannilewa, thank you for sending your team to us, for this 12-week academic festival.

I will be sharing profiles of our selected companies which are  joining us; reach out to Admin and send your images. To send your team to Tekedia Institute Mini-MBA, go here 

Airtel Africa is now Nigeria’s largest publicly traded company. This was the same company that nearly packed up and left the continent a few years ago. What happened?

What can we learn from this company? In Tekedia Mini-MBA Live, we are scheduling this ahead due to massive requests from many upcoming learners in the next edition of Tekedia Mini-MBA which begins on Feb 7.

Come with your questions. And if you want to join the conversation, register today for Tekedia Mini-MBA and join Africa’s largest business education festival.

Update: The company’s performance has been solid; from Premium Times.

Airtel Africa recorded an earnings spike that helped its after-tax profit almost double to more than half a billion dollars in the nine months to December, according to its unaudited earnings report issued Friday.

Airtel jumped 9.99 per cent to N1,398 per unit in Lagos at 10:54 WAT in Lagos on Friday, following the news.

Revenue leapt 21.7 per cent to $3.5 billion, drawing support from its data business, whose contribution to turnover in constant currency approached one-third of Airtel’s turnover.

A rapid acceptance of mobile money services in its Nigerian, East African and Francophone Africa markets means earnings from that income source, now at $406 million, accelerated at the rate 37.2 per cent when set beside the figure posted a year earlier.

The future of earnings for the telco will be substantially shaped by its mobile money business which, having been spun off from its regular operation after hitting a valuation of $2.65 billion last March, pooled $550 million from investors as varied as Mastercard, Qatar Investment Authority, Chimera Investment LLC and San Francisco-based TPG in less than nine months.

Profit before tax for the period stood at $894 million compared to the $482 million posted in the relative period of 2020.

Profit after tax spiralled by 97.3 per cent to $514 million. It was $261 million a year earlier.