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Legend Internet Hits Milestone As Agusto Validates Growth Strategy

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Legend Internet Plc, a fast-growing indigenous broadband provider, has secured its first-ever investment-grade rating from Agusto & Co., marking a significant milestone in the company’s growth trajectory. According to Nivo News, Agusto & Co. assigned Legend Internet a long-term corporate rating of “Bbb-” and a short-term rating of “A3” with a Stable Outlook, underscoring the firm’s solid fundamentals and expansion prospects.....KINDLY READ THE FULL STORY HERE▶

Industry analysts noted that Legend’s strategic pause in new customer activations during Abuja’s large-scale infrastructure construction has allowed the company to position itself for more efficient growth once disruptions ease. The Nigerian Communications Commission’s recent approval of a 50 per cent tariff hike is also expected to strengthen the broadband company’s revenue base and cash flow.

Chief Executive Officer of Legend Internet, Aisha Abdulaziz, described the rating as a landmark achievement since the firm’s incorporation in 2021, emphasizing that it validates the company’s prudent financial discipline, cash-driven operations, and low leverage profile. She highlighted the company’s extensive fibre rollout across the Federal Capital Territory, with 250,000 homes passed, 22,000 connected, and 10,000 active users, which pushed its gross profit margin to 63.9 per cent for the 2024–2025 financial year.

Abdulaziz added that the recognition also reflected the success of cost optimisation initiatives and ambitious expansion plans, including an imminent entry into Lagos via mergers and acquisitions, organic growth in Abuja, and future rollouts in Kano and Port Harcourt. She stressed that the rating would bolster investor confidence as the company prepares for a dual listing on both the Nigerian Exchange and the London Stock Exchange.

Beyond connectivity, Legend Internet continues to diversify its digital ecosystem with innovations such as LegendMail—Nigeria’s first commercial email platform, MailPay—its proprietary fintech solution, and Legend Omni-Fibre-to-the-Room (FTTR) services, delivered in partnership with Huawei.

With its upgraded status, Legend Internet is positioning itself as one of Nigeria’s leading broadband firms, creating a stable foundation to attract investment, accelerate growth, and drive deeper digital inclusion nationwide.


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FROM BEHIND BARS! Uwazuruike Drops Bombshell: Nnamdi Kanu Is Recruiting Igbo Youth For Violence From Prison!.

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Ralph Uwazuruike, an agitator for the Biafran nation, has accused Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), of continuing to recruit Igbo youths for violent activities from his prison cell in Sokoto. Uwazuruike claims that this ongoing recruitment is directly responsible for the deaths of many young people.....KINDLY READ THE FULL STORY HERE▶

  • Call to Action: He urged Igbo leaders and the pan-Igbo organization, Ohanaeze Ndigbo, to travel to Sokoto to demand that Kanu cease his recruitment efforts.

  • Opposition to Violence: Uwazuruike emphasized his own aversion to violence and questioned how someone serving a life sentence for terrorism can continue to mobilize youths for such causes.

  • Advocacy for Amnesty: He questioned why IPOB members cannot renounce violence and seek government amnesty and rehabilitation, similar to the programs offered to repentant terrorists and bandits in northern Nigeria.

  • Context of Allegations: Uwazuruike’s comments appear to be prompted by recent social media videos featuring hooded, armed militants who claim loyalty to Kanu and threaten further violence in the South East to secure his release.

  • Leadership Changes: These concerns also follow reports that Kanu has restructured his leadership team from prison and initiated a vague “100-man-project”.

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THE VIRAL REBUTTAL! APC Chieftain Ayekooto Fires Back: Remi Tinubu’s Advice Was Not For Yahoo-Boys Or Obidients!.

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APC chieftain Ayekooto Akindele has defended First Lady Remi Tinubu regarding her controversial advice to women about engaging in small-scale businesses, such as selling roasted corn, akara, and kuli-kuli. Akindele clarified that this guidance was not intended for internet fraudsters or supporters of Peter Obi.....KINDLY READ THE FULL STORY HERE▶

  • Target Audience: The advice was specifically aimed at individuals living at or below the poverty line who seek to earn an honest living while maintaining their dignity.

  • Defense of Small Businesses: Akindele argued that the businesses mentioned by the First Lady are daily necessities patronized by almost every household in Nigeria.

  • Critique of Critics: He claimed that those criticizing the advice, including “Yahoo-boys” and “ObiDENTs,” view such work as beneath them because they aspire to high-level trade like selling cars, rather than starting with small-scale ventures.

  • Advocacy for Honest Labor: The APC chieftain emphasized that these small enterprises provide a path to earning a livelihood without resorting to immoral activities or cybercrime.

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BLOOD ON THE SOIL! MACBAN Demands Immediate Justice For Slain Benue Chairman Ardo Risku!.

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The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has expressed deep sorrow and shock over the assassination of its Benue State Chairman, Ardo Risku, and is demanding that security agencies launch a comprehensive investigation to ensure the perpetrators face justice.....KINDLY READ THE FULL STORY HERE▶

  • Context of the Attack: MACBAN reported that Risku was killed shortly after attending a security meeting requested by Ohimini Local Government officials to discuss regional peace and stability.

  • The Incident: Approximately an hour after the meeting, Risku and an associate were intercepted and fatally shot in Okudu village.

  • Premeditation Concerns: The association views the killing as a “dastardly and deeply disturbing act” and highlighted that the timing, immediately following a peace-oriented security meeting, suggests the attack may have been premeditated.

  • Pattern of Violence: MACBAN noted that this incident follows a recent attack on the deceased’s son, a lawyer, in a village last week, further supporting the need for a thorough and transparent investigation.

  • Broader Impact: The association emphasized that targeting community leaders and peace advocates actively sabotages efforts toward dialogue and peaceful coexistence.

  • Commitment to Peace: Despite this tragedy, MACBAN reaffirmed its dedication to collaborating with government and security institutions to resolve national security concerns and offered condolences to the victim’s family and the Benue State chapter.

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