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...
NPA: Nigerian water channels can accommodate bigger vessels
The Nigerian Ports Authority (NPA) says the channel of water in Nigeria has been dredged up to 14.5 metres draft...
NCC to sanction telecom operators who defraud Nigerians through drop calls
Executive Vice-Chairman, Nigerian Communications Commissions (NCC), Prof. Umar Danbatta, on Friday, said the Commission would sanction telecommunication operators who defrauded...
NSE moves 311.59m shares worth N8.95bn
The Nigerian Stock Exchange (NSE) on Friday moved 311.59 million shares valued N8.95 billion traded in 2,588 deals. This was...
Capital market appreciates by 2.19% amid expectation of audited results
The Nigerian Stock Exchange (NSE) market indices on Thursday sustained ITS positive growth by 2.19 per cent, following price appreciation...
Why Naira cannot be devalued now, by Oshiomhole
Governor Adams Oshiomhole of Edo State, on Thursday in Lagos defended the Federal Government’s refusal to devalue the naira. Oshiomhole...
NSE market capitalisation increases by N54bn
Trading at the Nigerian Stock Exchange (NSE) on Wednesday maintained a positive trend with the market capitalisation increasing by N54...
NCC: Nigeria’s active telecoms subscribers down by 1m
Active customers in Nigeria's telecommunications industry reduced by 1,105,928 in the month of December 2015, the Nigerian Communications Commission (NCC)...
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