Home Topics MTN

MTN

Nigerian Stock Exchange NSE

NSE crucial market indicators end with 0.03% growth

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent.
Nigerian Stock Exchange NSE

NSE crucial market indicators end Friday with 0.03 per cent growth

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent.
Nigerian Stock Exchange NSE

Analysts anticipate stock market rally after OMO restriction

The decision by the Central Bank of Nigeria (CBN) to restrict individuals and local firms, non-bank financial institutions inclusive, from investing in its open market operations (OMO) auctions may end up providing a welcome boost to one of the world’s worst-performing stock markets, the Nigerian Stock Exchange (NSE).
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Tax assessment: Court fixes January 30 for MTN’s suit against AGF

A Federal High Court Lagos on Tuesday further adjourned hearing until Jan. 30 and Jan. 31, 2020, a suit filed by MTN Nigeria Communication Ltd, against the Attorney General of the Federation, over alleged N242 billion and 1.3 billion dollars import duties and withholding tax assessments.
Suspected serial killer, Gracious David West, 26, was arraigned in a State High Court in Port Harcourt, the Rivers State capital on Monday.

How suspected serial killer extorted N70,000 ‘ransom’ for victim – brother

Self–confessed, Port Harcourt, Rivers State, serial killer, Gracious David West, extorted N70,000 ransom from the boyfriend of one of his victims, late Miss Kelechi Onuoha, after killing her, Micheal, one of the brothers of the deceased has revealed.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

Syndicate accessing data of Nigerians abroad, duping their family at home busted

The Economic and Financial Crimes Commission has cracked a syndicate that specialised in accessing personal data of Nigerians based overseas to defraud their friends and relations back home.
While four of the gang-members, Hon. Oladipupo Adebayo, Bimbo Bilewu, Ibrahim Odunayo and Oyeleye Oluwatosi are currently in the EFCC custody, others are at large.

EFCC smashes ‘419’ syndicate that defrauded University of Ibadan professor

The Economic and Financial Crimes Commission, EFCC, has cracked down on a gang of fraudsters who specialise in exploiting personal data of foreign-based Nigerians to defraud their friends and relations back home.

Dangote, MTN, Glo lead in the 2019 most valuable brands in Nigeria

For the umpteenth time, Dangote Group, a Nigerian owned and most diversified conglomerate has emerged the most valuable brand in Nigeria after the 2019 Top 50 Brand survey, while MTN closely followed as the most valuable multinational and telecommunication brands with Glo coming third in the chart.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

Court to hear N300 million damages suit against MTN

A Federal High Court in Abuja on Thursday adjourned until Dec 3 and Dec. 4 a N300 million damages suit filed by an Abuja-based musician, Liberty Williams, against MTN.

USSD charge: Banks disown MTN

Nigerian banks have denied asking MTN to impose a new charge on customers for using the telecom firm’s access codes to conduct financial transactions.
The federal government has opposed the move of telcos to increase charges on use unstructured supplementary service data (USSD) channels to access banking services.

Federal government kicks against plan to increase USSD charges, orders immediate suspension

The federal government has opposed the move of telcos to increase charges on use unstructured supplementary service data (USSD) channels to access banking services.

Central bank opposes MTN’s planned charges

The Central Bank of Nigeria (CBN) has opposed plans by MTN to charge their subscribers for Unstructured Supplementary Service Data (USSD) access to banking services from Oct. 21.
Director-General, National Information Technology Development Agency (NITDA), Dr. Isah Pantami

Federal government orders MTN, others to suspend planned USSD charges

The federal government on Sunday ordered the immediate suspension of the proposed Unstructured Supplementary Service Data (USSD) charges on customers who uses them.

NCC allows Airtel to partially disconnect Glo over interconnect indebtedness

The Nigerian Communications Commission (NCC) has granted Airtel approval to partially disconnect Globacom from its network for failing to settle interconnect debts running into billions of naira.
Phone SMS is used for more than just text messaging in Africa

GSM tax: Telecom subscribers to pay extra N261 billion

Telecom subscribers in the country are likely to pay an additional N261.18bn on voice calls, short message service and data in one year if the Senate passes the proposed Communications Service Bill into law.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arrests three over ‘N7 million SIM swap fraud’

The Economic and Financial Crimes Commission (EFCC), Makurdi zonal office has arrested three suspects for conspiracy and obtaining money by false pretence to the tune of N7 million.

MTN Foundation awards scholarship to 6,000 students

The MTN Foundation has awarded scholarships worth N200,000 per session to 6,000 students of science and technology in some secondary schools across the country.
President Muhammadu Buhari and his South African counterpart, Cyril Ramaphosa, have agreed to set up a committee to address the issue compensation to victims of xenophobic attacks in South Africa, it was learnt on Thursday. 1

Xenophobia: South Africa, Nigeria mend relations, sign 30 trade deals

South Africa and Nigeria signed 30 trade and cooperation agreements on Thursday, weeks after a wave of violence against Nigerian nationals in Johannesburg and Pretoria had strained relations between Africa’s top two economies.

Recent Stories

Nigerian National Petroleum Corporation (NNPC)

NNPC to automate depot, pump station operations

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday disclosed that the Corporation was poised to automate its downstream facilities such as depots, pump stations and measurement systems across the Country.

Ex-AGF Adoke’s arrest in Dubai proof anti-graft war working – Itse Sagay

Chairman of the Presidential Advisory Committee against Corruption, Prof. Itse Sagay, has confirmed the arrest of former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Adoke, by the International Criminal Police in Dubai, United Arab Emirates.
Members of Real Madrid’s first-team squad are allegedly pleased to see Jose Mourinho appointed as the new head coach of Tottenham Hotspur.

Real Madrid squad ‘pleased by Jose Mourinho’s Tottenham Hotspur move’

Members of Real Madrid’s first-team squad are allegedly pleased to see Jose Mourinho appointed as the new head coach of Tottenham Hotspur.
The Director General of the International Labour Organization, ILO, Mr. Guy Ryder has commended Nigeria for the labour friendly disposition of the President Muhammadu Buhari administration.

President Buhari signs Executive Order 009 on open defecation-free Nigeria

President Muhammadu Buhari Wednesday signed Executive Order 009 entitled: The Open Defecation-Free Nigeria by 2025 and Other Related Matters Order, 2019.
Ibrahim Magu

PACAC endorses Ibrahim Magu’s appointment as substantive EFCC chairman

The Presidential Advisory Committee Against Corruption (PACAC) has made a case for the appointment of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu as the substantive chairman of the Commission.