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Reforms in Mining Sector Yielding Results – Alake Reforms in Mining Sector Yielding Results – Alake
Economy2 days ago

Reforms in Mining Sector Yielding Results – Alake

The Minister of Solid Minerals Development, Dr. Dele Alake has revealed that Nigeria has started seeing positive results from its...
Telecoms Mast Enumeration Telecoms Mast Enumeration
Telecoms3 days ago

Lagos State Commences 3-month Telecoms Mast Enumeration Exercise Today
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Telecoms2 weeks ago

BREAKING: NCC Approves 50% Tariff Hike for Telcos
Equities: Sell-Pressure Wipes N1.45 trillion from Investors' Wallets Equities: Sell-Pressure Wipes N1.45 trillion from Investors' Wallets
Capital Market2 weeks ago

Equity Investors Lose N1.45 trillion to Sell Pressure

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Technology5 months ago

Zoho Grows by 31% in Nigeria, Announces Strong Focus on Community Initiatives

Zoho, a global technology company, today said that it grew by 31% in 2023 in Nigeria, one of its key markets...
Diesel price in Nigeria
Economy2 years ago

Diesel Price in Nigeria Increases by 55.9%; Petrol Rises by 42.63% – NBS
CBN Clears all $7BN FX Legacy Backlog
Economy2 years ago

Nigeria’s Forex Reserves Hit New Low at $35.33BN
EXPLAINER: Transcorp, Access Holdings as New Brides for Stock Investors Transnational Corporation of Nigeria (Transcorp) Plc and Access Holdings Plc were the most-sought after stocks at the market as investors scrambled to take positions in the two companies. Trading report at the weekend indicated that Transcorp was the most-traded stock and the highest gainer at the Nigerian Exchange (NGX), with the conglomerate’s share pricing rising by 45 per cent. Access Holdings was the second most-active stock with the second largest turnover, with the intense bargain-hunting driving the holding company’s share price up by 11.86 per cent, one of the 10 highest gains during the week. Investors staked N5.94 billion on 3.04 billion shares of Transcorp in 1,171 deals. The open market buy orders pushed Transcorp’s share price up by 44.97 per cent from its week’s opening price of N1.69 to N2.45 per share. Access Holdings, which released its audited results for 2022 and 2023 first quarter results during the week, recorded a turnover of 157.79 million shares worth N1.54 billion in 709 deals. The holding company’s share price also rose from its week’s opening price of N8.85 per cent to close weekend at N9.90 per share. Transcorp has been the most-sought after company at the stock market in recent days after Lagos businessman and an energy investor, Mr. Femi Otedola, made a move for the conglomerate. The board of Transcorp at the weekend confirmed that the billionaire business mogul was behind multi-billion-naira equity deals on Transcorp. The high-stake positioning in Transcorp had sent other investors scouting for the shares of the conglomerate. The management of Transcorp said it Otedola had acquired 2.246 billion ordinary shares of 50 kobo each, representing 5.52 per cent equity stake in the conglomerate. The board of Transcorp described the Otedola’s investment as “expression of confidence in its leadership and management” as the group continues its unwavering commitment to superior stakeholders’ returns, anchored in our ideology of Africapitalism. “Rest assured of our commitment to remain resolute in executing our group’s strategy of making strategic investments in key sectors within the Nigerian economy, our transformation agenda and our ability to contribute positively towards building prosperity for all,” Transcorp stated. Otedola’s 5.52 per cent equity stake in Transcorp is above the five per cent threshold set by the market as benchmark for material or significant investment. Transcorp, one of the largest publicly quoted conglomerates, has businesses in the power, hospitality, agribusiness and oil and gas sectors. Its notable businesses include Transcorp Hilton Abuja, Transcorp Hotels Calabar, Transcorp Power and Transcorp Energy. Transcorp had strengthened its position as a leading player in the power sector with the successful acquisition of 100 per cent ownership stake in Afam Power Plc and Afam III Fast Power Limited, together with a combined installed capacity of about 1,000MW, bringing the group’s total power generation capacity to approximately 2,000 MW. The board of Access Holdings had last week recommended distribution of N53.32 billion as cash dividends for the 2022 business year. Access Holdings’ shareholders will receive a final dividend of N1.30 per share in addition to an interim dividend of 20 kobo, representing a total dividend per share of N1.50 for the 2022 business year. The dividend will be paid on May 24, 2023 to all shareholders on the register of the company as at the close of business on May 09, 2023. Key extracts of the audited report and accounts for the year ended December 31, 2022 showed that the group recorded appreciable growth across revenue lines, despite the strong global and national macroeconomic headwinds. Gross earnings rose by 43 per cent and crossed the trillion naira mark to N1.39 trillion in 2022 as against N971.9 billion in 2021. Pre and post tax profits stood at N167.68 billion and N152.20 billion respectively. The balance sheet of the group emerged stronger with total assets rising by 28 per cent from N11.73 trillion to in 2021 to N15 trillion in 2022. Customers deposit also rose by 33 per cent to N9.25 trillion as against N6.95 trillion. Loans to customers grew by 25 per cent from N4.45 trillion to N5.56 trillion. Shareholders’ funds increased by 17 per cent from N1.05 trillion to N1.23 trillion. The group’s three-month results for the quarter ended March 31, 2023 showed pre-tax profit of N81.59 billion in first quarter 2023 as against N65.56 billion in first quarter 2022. After taxes, net profit rose from N57.83 billion in first quarter 2022 to N71.66 billion in first quarter 2023. Group Chief Executive Officer, Access Holdings Plc, Mr. Herbert Wigwe, said the results showed the group’s deliberate focus on its strategies as it begins to see the dividends of organic and inorganic activities across the ecosystem. He explained that the 37 per cent growth in interest income to N827 billion in 2022 was driven by a strong loan book growth despite the high inflationary environment, with net loans and advances to customers growing by 25 per cent across the banking group, with a deliberate focus on credit disbursement to critical segments and growth sectors of the economy. He pointed out that the bank also saw good growth across the subsidiaries, with its United Kingdom subsidiary growing by 36 per cent to N1.1 trillion in 2022. “Access Holdings ended the year with over 58 million customers across the extensive network of subsidiaries and business verticals. The company’s asset base grew to N15.0 trillion and customer deposits to N9.25 trillion, with CASA mix up by five per cent, to 63 per cent as a result of leveraging innovation, digital technology and financial inclusion to mobilize sustainable low-cost deposits. “In the second half of 2022, Access Holdings Plc completed the divestment from Pensions Custodian business and acquired significant shareholding in First Guarantee Pensions Ltd & Sigma Pensions Ltd to form Access Pensions Ltd. This combination resulted in the creation of the fourth largest pension fund administrator (PFA) in Nigeria, with asset under management of N0.9 trilion, putting us clearly in the league of strategic players in the Pensions industry. “Our Payment business went live with the Switching business in third quarter 2022, while the other areas of the business will become fully operational from second quarter 2023. The overall business outlook for 2023 remains strong as we begin our new five-year strategic journey which aims to make us one of the top five financial services organisations in Africa by 2027,” Wigwe said.
Markets2 years ago

EXPLAINER: Transcorp, Access Holdings as New Brides for Stock Investors
Nigerian Stock Index Losses 1% to Extend Losing Streak
Capital Market2 years ago

Nigerian Stock Index Losses 1% to Extend Losing Streak
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inDrive Commits €16,000 to Ride-Hailing Innovation Contest
RCS: Empowering MNOs to Compete Against OTT Players in Lucrative A2P Messaging Space
Viewpoints2 years ago

RCS: Empowering MNOs to Compete Against OTT Players in Lucrative A2P Messaging Space

Top Reads

Coca-Cola Launches Plastic  Recycling  Hub
News3 days ago

Coca-Cola Launches Plastic Recycling  Hub, Targets 13,000TM Annually
NGX Katsina State Governor
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Governor Pledges to Grow Katsina State’s Economy through Capital Market
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LASUSTECH Don Drills Engineering Students on Industrial Devt
Africa Prudential Appoints Oluwaseyi Abe, Chidi Okpala to Board of Directors
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Tinubu Appoints Abba Aliyu Rural Managing Director of Electrification Agency
Energy2 days ago

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Markets

NGX Katsina State Governor
Capital Market3 days ago

Governor Pledges to Grow Katsina State’s Economy through Capital Market

According to the governor, the visit to the NGX reaffirmed his commitment to sustainable economic development and the importance of...
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AfDB, US Sign $700,000 Credit Rating Deal to Boost Africa’s Capital Flow AfDB, US Sign $700,000 Credit Rating Deal to Boost Africa’s Capital Flow
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AfDB Launches £500m 4.625% 3-year Global Benchmark Bond
Finance2 weeks ago

AfDB Launches £500m 4.625% 3-year Global Benchmark Bond
STRIKE: Equity Market Records N102BN Loss
Capital Market3 weeks ago

NGX Posts 1.7% Decline as Investors Lose N1.1 Trillion
NGX Closes Year’s First Full Trading Week with N1.137trn Profit
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Cryptocurrency

$80,000 Mark in View as Bitcoin Rides on US Election Frenzy $80,000 Mark in View as Bitcoin Rides on US Election Frenzy
Cryptocurrency3 months ago

$80,000 Mark in View as Bitcoin Rides on US Election Frenzy

Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in...
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Election Season Boosts Political Meme Coins to New Heights

Given the ongoing U.S. presidential election, political meme coins are again on the rise. The PolitiFi category has gained 3%...
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Americans Duped $5.6 Billion in Crypto Scams in 2023 – FBI    

Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a...
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Cryptocurrency5 months ago

Malaysian Police Arrest 21 in Crypto Fraud Scheme Targeting Japanese Investors

Malaysian authorities have taken down a major cryptocurrency scam scheme targeting Japanese nationals. According to local reports, the Royal Malaysia Police,...
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Australians Lost $12m Worth of Crypto to Scams in 12 Months

Australians lost cryptocurrency worth Australian dollar 180 million ($122 million) to investment scams in just 12 months, the Australian Federal...
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Finance9 months ago

Rate Manipulation: SEC Moves to Delist Naira from P2P Crypto Space

The Ag Director General of the Securities and Exchange Commission (SEC) Dr. Emomotimi Agama, has disclosed the Commission’s plans to delist...
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Technology

Nigeria’s Telecoms Sector Under Pressure as Broadband Connections Grow Modestly Nigeria’s Telecoms Sector Under Pressure as Broadband Connections Grow Modestly
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Nigeria to Benefit from $136BN AI Gains, Says WTO DG Okonjo-Iweala Nigeria to Benefit from $136BN AI Gains, Says WTO DG Okonjo-Iweala
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Nigeria to Benefit from $136BN AI Gains, Says WTO DG Okonjo-Iweala
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Nigeria Attains 70% Adoption Rate to Beat Global AI Usage
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US Supports Nigeria’s 90,000km Fibre Optic Ambition with $2m Grant
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Telecoms3 weeks ago

‘Cost of Data in Nigeria, Lowest in West Africa’
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InnovateAI Lagos 2025 Conference Holds February 21

Economy

Nigeria’s Inflation Hit 34.80% in December – NBS
Economy3 weeks ago

Nigeria’s Inflation Hit 34.80% in December – NBS

The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a...
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Minister Says FG Upbeat to Achieve N36 Trillion Revenue Target
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December Inflation Predicted to Worsen to 35.20%
Economy3 weeks ago

Lagos Sets Deadline for Employers to File 2024 Annual Tax Returns
CBN authorises Payment Service Banks in Nigeria to sell dollars
Finance3 weeks ago

CBN Halts Export Proceeds Repatriation Extensions
Dangote Refinery to Sell Petrol Exclusively to NNPC
Economy4 weeks ago

Dangote Refinery Retained 13% of Nigeria’s Crude Exports – Report
Travels4 weeks ago

China Development Bank Approves $254.76m Loan for Nigeria’s Kano-Kaduna Railway Project 
Viewpoints4 weeks ago

Making Nigeria Strong Again: Addressing the Weakness of a National Economy
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Commodities News & Agribusiness

Oil Slides Below $80 amidst Uncertainties in U.S Policies Oil Slides Below $80 amidst Uncertainties in U.S Policies
Commodities News & Agribusiness3 weeks ago

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Economy5 months ago

Nigeria’s Cocoa Exports Jump 304% on Demand, Naira
Commodities News & Agribusiness7 months ago

FG Targets 500,000 Metric Tonnes of Cocoa Production by 2025
Foodstuff Store Introduces Innovative Recycling Program Foodstuff Store Introduces Innovative Recycling Program
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Foodstuff Store Introduces Innovative Recycling Program

Finance

Palmpay MD Nwosu Palmpay MD Nwosu
Fintech2 weeks ago

Palmpay MD Nwosu Highlights Smartphones, Broadband as Drivers of Increased Mobile Money Services
Fintech2 weeks ago

Palmpay Reports 16m Active Monthly Users
AfDB Launches £500m 4.625% 3-year Global Benchmark Bond AfDB Launches £500m 4.625% 3-year Global Benchmark Bond
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Leadway Relieves Borno Flood Victims with N117m Leadway Relieves Borno Flood Victims with N117m
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Pension3 weeks ago

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CBN Sanctions Nine Banks N1.35Bn for Hoarding Cash CBN Sanctions Nine Banks N1.35Bn for Hoarding Cash
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CBN Sanctions Nine Banks N1.35Bn for Hoarding Cash
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Viewpoints

Viewpoints2 weeks ago

BOOK REVIEW: Taking Nigerian Small Businesses to Paradise

In the last 40 years, small business owners and entrepreneurs have been receiving greater recognition as drivers of economic growth...
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Energy1 month ago

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Technology3 months ago

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NASENI Trains Procurement Officers, Others on Global Best Practices
Technology5 months ago

Khalil Halilu’s 365 Days Outstanding Transformations at NASENI
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Leveraging Mentorship to Build a Career in Cybersecurity
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Opinion6 months ago

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General News

LASUSTECH
Education3 days ago

LASUSTECH Don Drills Engineering Students on Industrial Devt

The Dean, Colleges of Engineering and Technology, Lagos State University of Science and Technology, Engr. Dr. Yakub Bankole, has organised...
Coca-Cola Launches Plastic  Recycling  Hub Coca-Cola Launches Plastic  Recycling  Hub
News3 days ago

Coca-Cola Launches Plastic Recycling  Hub, Targets 13,000TM Annually
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FristBank Breaks Silence over $225.8m Conflict with GHL
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Lagos Sets Deadline for Employers to File 2024 Annual Tax Returns
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China Development Bank Approves $254.76m Loan for Nigeria’s Kano-Kaduna Railway Project 
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NANS Urges FG to Intervene in FCET Akoka Provost Crisis
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Disengaged Workers Sue CBN, Demand N30bn Compensation
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Tinubu Promises to Complete Eastern Rail Line, Support Anambra Basin
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FG Debunks Accusation of Colluding with France to Destabilize Niger Republic
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Travels & Aviations

Emirates World’s First Autism Certified Airline
Aviation3 weeks ago

Emirates Set to Become World’s First Autism Certified Airline

PRESS RELEASE Emirates is on the path to becoming the world’s first Autism Certified Airline, a milestone that reflects its...
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China Development Bank Approves $254.76m Loan for Nigeria’s Kano-Kaduna Railway Project 
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Aviation3 months ago

Demand for African Airline Tickets Surges by 11.9% – IATA
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Airbus Names Gabriel Semelas to Lead Airbus in Africa and the Middle East
Wakanow.com Advances Partnership opportunities with Air Côte d'Ivoire
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Wakanow Advances Partnership Opportunities with Air Côte d’Ivoire
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APPLY: British Airways to Spend £21m to Train 200 Pilots
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Wakanow Positions for $38BN Revenue Boom in Africa’s Travel, Tourism Sector 
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Energy

Tinubu Appoints Abba Aliyu Rural Managing Director of Electrification Agency
Energy2 days ago

Tinubu Appoints Abba Aliyu Rural Managing Director of Electrification Agency

President Bola Ahmed Tinubu has appointed Abba Abubakar Aliyu as the substantive Managing Director of the Rural Electrification Agency (REA)....
Dangote Refinery to Sell Petrol Exclusively to NNPC Dangote Refinery to Sell Petrol Exclusively to NNPC
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Dangote Refinery Retained 13% of Nigeria’s Crude Exports – Report
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ANALYSIS: Signs of Optimism in Oil Markets as a New Year Begins
Baba Obasanjo and the NNPCL Refineries,
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Shell's Fresh $5 Billion Investment Proves IOCs Remain Confident in Nigeria – TDF
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Shell’s Fresh $5 Billion Investment Proves IOCs Remain Confident in Nigeria – TDF
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Energy2 months ago

JUST IN: Dangote Refinery Reduces Petrol Price to N899.50k/litre
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China Loses Potential Revenues as Oil Surplus Drops by 46.2%
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Energy3 months ago

$26BN African Gas Pipeline Project Receives Boost to Connect 13 African Countries
Oando’s Assets More than Double to N2.68 Trillion in One Year Oando Plc has released its audited Consolidated Financial Statements for the full year ended December 31, 2023, to the Nigerian Exchange Group (NGX). The company reported a total asset of N2.68 trillion as against N1.25 trillion posted in the comparable period of 2022, representing a growth of 113.73%. The company recorded a 43% increase in revenue, reaching N2.9 trrillion compared to N1.9 trillion in 2022. Notably, Oando achieved a turnaround, transitioning from a loss in 2022 to a profit-after-tax of N60.3 billion in 2023, a 961% increase in its operating profits despite the 24% reduction in the realised oil price ($83.15/bbl in 2023 compared to $109.55/bbl in 2022). According to the company, the reduction was consistent in gas prices as the value fell from $14.74/bbl in 2022 to $12.19/bbl in 2023; and in NGL prices with a similar decline from $6.23/boe in 2022 to $4.87/boe in 2023. Additionally, the company reduced its upstream borrowings by 23 per cent, from $635.6m in 2022 to $488.9m in 2023. Commenting on the results, Group Chief Executive, Oando Plc, Wale Tinubu, said: “Despite the operational hurdles occasioned by security breaches and persistent pipeline vandalism in the Niger Delta, we achieved a profit after tax of N60 billion, bolstered by the strength of our global trading alliances, a 12 per cent increase in total production, and favourable exchange gains from our foreign currency denominated assets.” “Our recently completed transformational acquisition of NAOC Ltd is a pivotal moment for the Company due to the expansive reserves and vast infrastructure network. Following our 2014 acquisition of ConocoPhillips’s Nigerian unit, this transaction was the next phase in our long-term strategy to increase our reserves and production capacity by leveraging the exit of the International Oil Companies whilst securing operational control of the assets. “Our immediate focus now shifts to a seamless integration and execution of initiatives towards achieving a marked increase in production. We are confident about the opportunities this platform provides and are committed to delivering sustainable value to all stakeholders” he added. Despite persistent operational security challenges in the Niger Delta, Oando achieved a 12 per cent increase in total production, reaching 23,258boepd in 2023 compared to 20,703boepd in 2022. Expanding on the performance of its production portfolio, Oando averaged a daily production of 6,211 bbls/day, making a 26 per cent increase to its 4,939 bbls/day in 2022. Consistent with the improved performance, it averaged 16,808boe/day of natural gas, 10 per cent better than 15,292 boe/day of natural gas in 2022. The company cited improved operations and repairs of shut-in wells offset by persistent sabotage activities as a reason for the production increase. The decline in global oil prices in 2023 was because of a tumultuous year of trading marked by geopolitical turmoil and concerns about the oil output levels of major global producers. The company noted that the operating profits increase was “driven by the increase in revenue and a significant increase in other operating income, largely due to foreign exchange gains on the group’s US dollar-denominated monetary assets. This was despite an increase in administrative expenses primarily from exchange losses from the impact of the Naira devaluation on our foreign currency-denominated liabilities.”
Markets3 months ago

Oando’s Assets More than Double to N2.68 Trillion in One Year
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Showbiz

Dutch Authorities Fine Netflix €4.75M for Data Breach 
General2 months ago

Dutch Authorities Fine Netflix €4.75M for Data Breach 

Dutch authorities have imposed a €4.75 million ($4.98 million) fine on  Netflix for failing to adequately inform subscribers about how their personal...
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Showbiz2 months ago

Femi Adebayo’s Seven Doors Premiere Set To Dazzle At Imax Lekki On December 11th
Dutch Authorities Fine Netflix €4.75M for Data Breach  Dutch Authorities Fine Netflix €4.75M for Data Breach 
News6 months ago

Netflix Inflates Subscription Price by 40%
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Showbiz9 months ago

TECNO Takes Centre Stage at ‘Water and Garri’ Movie Premier
Nigerian Artists Reap N25bn In Spotify Streaming Royalties In 2023
Technology9 months ago

Nigerian Artists Reap N25BN in Spotify Streaming Royalties in 2023
EU Slams Apples $1.95 Billion Antitrust Fine
Showbiz11 months ago

EU Slams Apple with $1.95 Billion Antitrust Fine
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Showbiz1 year ago

Spotify’s Afrobeats Journey to a Billion Streams Site gets Fresh Updates 
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FirstBank DecemberIssaVybe Asake Kicks Off 2023 Superstar Concerts, Events
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Showbiz1 year ago

Burna Boy Leads as top streamed African artist in Sub Saharan Africa
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Appointments

Africa Prudential Appoints Oluwaseyi Abe, Chidi Okpala to Board of Directors
Appointments3 days ago

Africa Prudential Appoints Oluwaseyi Abe, Chidi Okpala to Board of Directors

Africa Prudential Plc announced the appointment of Mr Oluwaseyi Abe as an Independent Non-Executive Director and Mr. Chidi Okpala as a...
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Appointments2 weeks ago

Eterna Plc Appoints Olumide Adeosun as Managing Director
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Profiles1 month ago

Kingsley Ifeanyi Adonu Bags MTN Nigeria Partners Award 2024
Henrietta Ugboh
Appointments3 months ago

UBA Appoints Henrietta Ugboh Independent Non-executive Director
Equinix Wole Abu
Appointments3 months ago

Equinix Appoints Wole Abu as MD for West Africa as Funke Opeke Steps Down
Sunday Akin Dare
Appointments3 months ago

Meet Sunday Akin Dare: President Tinubu’s New Special Adviser on Public Communication and Orientation
Appointments4 months ago

Stanbic IBTC Holdings Plc Appoints Olusola David-Borha as Chairman of the Board
Appointments4 months ago

CSCS Strengthens Board with Appointment of Bola Adesola and Aisha Muhammed-Oyebode as Directors
Education6 months ago

Dr. Obadare Peter Adewale Appointed Professor of Practice at Miva Open University
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Sports

News4 months ago

Nigerian-born Bodybuilder Samson Dauda Wins 2024 Mr Olympia, Takes Home $600k Prize
PalmPay Champions Responsible Gaming to Curb Fraud Among Sports Pundits in Nigeria PalmPay Champions Responsible Gaming to Curb Fraud Among Sports Pundits in Nigeria
Sports11 months ago

PalmPay Champions Responsible Gaming to Curb Fraud Among Sports Pundits in Nigeria
Unity in Victory: TECNO's Bold Move Amplifies Community Spirit at AFCON Showdown In a bold move to immerse Nigerian football enthusiasts in the AFCON semi-final clash between the Super Eagles of Nigeria and the Bafana Bafana boys of South Africa, TECNO turned Ojo Square in Yaba into a vibrant arena of football enthusiasm. The crowd, buzzing with energy, witnessed not just a game but a dynamic spectacle where TECNO's commitment to community engagement took centre stage. As the Super Eagles dazzled on the field, the atmosphere crackled with anticipation, and TECNO seized the moment, transforming the viewing party into a carnival of surprises. Amidst spirited games, cheers, and jubilation, the crowd celebrated each goal as TECNO elevated the experience with unexpected thrills. The climax came with Nigeria's victory, celebrated in a crescendo of unity as Mr Real dazzled with his tune, Legbegbe. Amidst the jubilation, Jason Akpanema emerged as the fortunate winner of the TECNO SPARK 20 device by correctly predicting the match's outcome, igniting a new wave of applause. The TECNO SPARK 20 Viewing Party wasn't just about football; it was a testament to TECNO's bold approach to community engagement, turning moments into memories that resonate far beyond the pitch. It was a swell time, and these pictures only give a sneak peek into what was happening at the TECNO SPARK 20 Viewing Party. Unity in Victory: TECNO's Bold Move Amplifies Community Spirit at AFCON Showdown In a bold move to immerse Nigerian football enthusiasts in the AFCON semi-final clash between the Super Eagles of Nigeria and the Bafana Bafana boys of South Africa, TECNO turned Ojo Square in Yaba into a vibrant arena of football enthusiasm. The crowd, buzzing with energy, witnessed not just a game but a dynamic spectacle where TECNO's commitment to community engagement took centre stage. As the Super Eagles dazzled on the field, the atmosphere crackled with anticipation, and TECNO seized the moment, transforming the viewing party into a carnival of surprises. Amidst spirited games, cheers, and jubilation, the crowd celebrated each goal as TECNO elevated the experience with unexpected thrills. The climax came with Nigeria's victory, celebrated in a crescendo of unity as Mr Real dazzled with his tune, Legbegbe. Amidst the jubilation, Jason Akpanema emerged as the fortunate winner of the TECNO SPARK 20 device by correctly predicting the match's outcome, igniting a new wave of applause. The TECNO SPARK 20 Viewing Party wasn't just about football; it was a testament to TECNO's bold approach to community engagement, turning moments into memories that resonate far beyond the pitch. It was a swell time, and these pictures only give a sneak peek into what was happening at the TECNO SPARK 20 Viewing Party.
Sponsored12 months ago

Unity in Victory: TECNO’s Bold Move Amplifies Community Spirit at AFCON Showdown
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