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Unmasking Misinformation: Journalist’s Quest for Verified Truth (International Edition)

The Journalists as Fact Checkers workshop, organised by the Friedrich Naumann Foundation for Africa for the Womentorship Champions, recently, was an unexpected catalyst for my growth as a female human rights defender. It effortlessly merged with my duties as both a journalist and an advocate, highlighting how journalism serves as a crucial act of service against misinformation. In Zimbabwe, where confirming straightforward facts such as fatality counts from road accidents can be difficult because of restricted access to data, fact-checking goes beyond being just part of one’s job; it transforms into a nuanced but important mode of defiance. One powerful takeaway was learning about “lateral reading,” which pushed me to go deeper than just skimming content and succumbing to click temptations. This change in mindset has provided me with a persistent critical outlook, examining each headline through the meticulous gaze of an investigator. Rather than taking information at ...
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MTN Nigeria Grants Shares to 33 Executives: An International Update

MTN Nigeria Communications Plc has allocated 1,303,029 shares among 33 of its executives within the firm.

These details were disclosed in several filings made to the Nigerian Exchange Limited, indicating that the share vesting occurred in Lagos, primarily from March 26 to 28, 2025.

Vesting allows employees to earn shares in a company over a period of time.

In its audited financial report for 2024, MTN Nigeria stated: "Throughout the fiscal period, the Group awarded qualifying employees with share entitlements through the Performance Share Plan. Such grants were made available to staff members at grades 3, 4, 5, and 6. This plan was initiated to draw in, hold onto, and compensate chosen personnel who can contribute significantly to the operations of the employer firms. Its purpose is to enhance employee engagement, thus promoting ongoing dedication and incentivizing these individuals to champion the objectives of both the specific employer firm and the broader Group as a whole. Any vested shares become accessible exactly three years following the issuance date."

Some of the top beneficiaries of the vesting include the company secretary, Ukpanah Uto, who got 85,213 units of shares; Chief Financial Officer, Kadri Modupe, who was vested with 187,496 units; General Manager, Internal Audit and Fraud Management, Etea Ibe, who received 110,721 units; Chief Technical Officer, Ibrahim Yahaya, with 96,726 units; and General Manager, Finance Business Reporting, Akinola Stephen, who received 83,959 units of shares.

Based on Thursday’s closing price of N245 per share, the total value of the shares allocated to the 33 executives was approximately N319.24 million.

In the meantime, MTN Nigeria announced a post-tax loss of ₦400.44 billion for the fiscal year ending December 31, 2024. The depreciation of the naira led to increased foreign exchange losses, which had an adverse effect on the company's profitability.

The service provider, boasting more than 80 million subscribers, stated that the significant devaluation of the naira greatly affected its foreign currency position, leading to an increase in forex losses from N740 billion to N925 billion compared to the prior year.

Provided by SyndiGate Media Inc. Syndigate.info ).
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