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Legend Internet Hits Milestone As Agusto Validates Growth Strategy
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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THE ULTIMATE PRAISE: Mourinho Drops Jaw-Dropping ‘Incredible’ Verdict After Mbappé’s Epic Hat-Trick!.
Real Madrid manager José Mourinho lauded Kylian Mbappé as “incredible” following the French forward’s hat-trick performance in a victory against Real Sociedad. In post-match remarks to Real Madrid’s official website, Mourinho characterized the 27-year-old’s performance level as “stratospheric” and highlighted his strong drive to cement his legacy at the Santiago Bernabéu. Describing Mbappé’s multifaceted impact, the coach emphasized that the player does not merely wait for service in front of goal; rather, he drops deep to generate chances, links up effectively with teammates—such as executing a one-two with Jude Bellingham—and contributes heavily to the team’s overall build-up play, complementing a collective team effort that Mourinho noted is crucial even when coaching elite talent.....KINDLY READ THE FULL STORY HERE▶
entertainment
THE ULTIMATE SHOCKWAVE: Okoya’s Son Drops Bombshell And Quits Music Forever!.
Nigerian Afrobeats artist Raheem Okoya—son of renowned industrialist Rasaq Okoya—announced on Wednesday via Instagram that he is stepping away from professional music release. What initially started as a casual hobby and bonding activity with friends evolved into a professional career featuring major performances and recognition from childhood idols. However, over the past year, balancing music with his other obligations became increasingly difficult. Stating that he could no longer provide the craft with the required patience and dedication, he chose to make a professional exit.....KINDLY READ THE FULL STORY HERE▶
While the “Siraheem music” era is wrapping up—just months after the May 1, 2026 release of his eight-track debut project, By The Order Of The City—Raheem noted that he plans to channel his creativity into new ventures. He added that music remains therapeutic for him, leaving open the possibility that his unreleased album might eventually see the light of day. Since beginning his professional music journey around 2022, he built an audience through tracks like Bad Bitch Syndrome, Kowope, SOWETO, and TRU$T FUND.
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THE ULTIMATE SHOCKWAVE: Tinubu Orders Massive NFF Overhaul In High-Stakes Directives!
President Bola Ahmed Tinubu has mandated a thorough restructuring of Nigerian football, citing ongoing struggles and failure to qualify for major international tournaments. In a Thursday statement issued through Special Adviser on Information and Strategy Bayo Onanuga, the President emphasized that despite advancements in other sports following the re-establishment of the National Sports Commission (NSC), football continues to suffer from deep-seated structural deficits in governance, administration, and accountability.....KINDLY READ THE FULL STORY HERE▶
To execute this overhaul, Tinubu instructed NSC Chairman Shehu Dikko to collaborate with the Nigeria Football Federation (NFF) secretariat on a wide-ranging consultative process, while stressing the necessity of coordinating with FIFA and CAF to avert any penalties related to government interference. This presidential directive closely follows the resignations of NFF President Ibrahim Gusau and General Secretary Muhammad Sanusi.
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