NCC fines Glo, MTN N34m for `non-compliance’ to number portability
The Nigerian Communications Commission (NCC) has fined MTN Nigeria and Globacom Ltd (Glo) N34 million for breach of the Mobile...
CBN targets N200/$1 parallel market rate, deploys $11.7bn to support agric, SMES, manufacturers
The strident calls by the International Monetary Fund (IMF) and some foreign interests for Nigeria to devalue its currency and...
Nestle leads gainers’ table as NSE market capitalisation improves by N55bn
Activities at the Nigerian Stock Exchange (NSE) on Thursday reversed the negative trend with the market capitalisation increasing by N55...
CBN clarifies accounts with BVN related issues
The Central Bank of Nigeria (CBN) on Thursday, said that bank accounts without the Biometrics Verification Number (BVN) would be...
Port efficiency on FG’s priority list, says Amaechi
Minister of Transportation, Mr Chibuike Amaechi, said on Thursday that improving port efficiency was one of the priorities of his...
Why we sacked senior managers, by Ecobank
Ecobank Nigeria on Thursday said that the recent reorganisation that affected some senior staff was designed to strengthen the bank's...
Airtel introduces Smart Number service
Airtel has introduced 'Smart Number' service that allows customers to use additional line/ number on their original Airtel SIM card,...
MTN drops lawsuit against Nigeria, pays $250m toward possible settlement
South African mobile phone operator, MTN Group, withdrew its lawsuit against Nigeria's regulator over a $3.9 billion fine and paid...
Glo is fastest-growing Internet solutions provider
A new telecom industry report has once again confirmed Globacom as the fastest growing internet solutions provider in the country....
Profit taking: Capital market drops further by 1.36%
Profit taking continued at the Nigerian Stock Exchange (NSE) on Tuesday with the market indicators dropping further by 1.36 per...
NSE renews Onyema’s contract for another five-year term
The Nigerian Stock Exchange (NSE) has renewed the contract of agreement of its Chief Executive Officer (CEO), Mr Oscar Onyema,...
Naira gains N6 at parallel market
The Naira further gained N6 on Tuesday, trading at N364 to the dollar at the parallel market, following President Muhammadu...
7UP tops losers’ chart as NSE All-Share Index drops by 0.04%
Activities at the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a cautious note, with market indices...
Amaechi: FG to reconnect railway with sea ports, says maritime industry can generate N500bn yearly
Minister of Transportation, Mr Rotimi Amaechi, has said that the Federal Government will re-connect the country’s railway with the sea...
Naira trades N370 to dollar at parallel market
The Naira appreciated by N20 on Monday, exchanging for N370 to the dollar at the parallel market. The Naira sold...
MTN blames drop in income on under-performance in Nigeria
MTN Group has said that its decreased financial results for the year ended December 31, 2015 was as a result...
NSE market indicators improve marginally by 0.86%
Equity transactions on the Nigerian Stock Exchange (NSE) closed upbeat on Thursday as the market indicators improved marginally by 0.86...
Airtel announces senior level organisational changes for Africa operations
The Chairman of Bharti Airtel, Mr Sunil Bharti Mittal, on Thursday said the telecoms company had changed its top level...
U.S. container with arms intercepted in Lagos
The Tin-Can Island Command of the Nigeria Customs Service (NCS) has intercepted a 40 ft. container with 980 rounds of...
Naira slumps to N340 to dollar at parallel market
The Naira on Monday slumped further at the parallel market as the greenback remained scarce. The naira lost N5 to...
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