
MTN Invests N1trn in Network Capacity, Pays N878.7bn Tax
MTN invests N1 trillion in network capacity for 2025 and pays N878.7 billion in taxes.
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NGX ASI falls 1.06% as Stanbic IBTC posts NGN551.7 billion profit
The NGX ASI closed at 1,799.88, down 1.0647% on June 26, while IKEJAHOTEL rose 10% and BUACEMENT fell 17.8% over 5 days, according to analyst notes. Stanbic IBTC posted a record NGN551.7 billion profit in 2025 and raised its dividend, Marketing Edge reported. Seplat Energy appointed Elumelu as chairman and Okon as CEO to lead its next growth phase, while the company highlighted gas growth and production expansion, according to THISDAYLIVE and LEADERSHIP Newspapers. MTN Nigeria committed to ethical conduct with compliance with IFRS S1 and S2, Tribune Online reported.