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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes April trading with 0.94 per cent loss

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.

Lockdown: MTN group renews bid to offload 15% Nigerian stake

MTN Group has renewed its bid to cut its presence in Nigeria, by selling 15% stake to the subscribers. The operator said it is pursuing sale in smaller in bits due to the emergence of the Covid-19 (coronavirus) pandemic.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE returns to negative posture, indices down by 0.05 per cent

Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks.G
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote rallies private sector operators against virus pandemic

Mr Aliko Dangote, President, Dangote Industries Ltd., and Mr Herbert Wigwe, Managing Director, Access Bank Group, are spearheading a coalition of private sector organisations to support governments’ ongoing efforts at tackling the coronavirus (COVID-19) menace.

MTN Uganda eliminates mobile money charges amid virus outbreak

MTN Uganda, the country’s largest telecoms firm, has eliminated some charges on its mobile money platform to help spur greater use of digital transactions and discourage the use of cash as a way to potentially slow the spread of the coronavirus outbreak.

MTN staff to start working from home Monday

MTN Nigeria on Sunday said its team would start working from home as part of the precautionary measures to stop the spread of COVID-19.
Fresh facts have emerged on why the Department of State Services (DSS) detained Anthony Okolie for misusing a SIM card previously owned by President Muhammadu Buhari’s daughter, Hanan, following his confession that friends influenced him to put the SIM line into fraudulent use.

Some security cases can’t be brought to court – DSS tells judge

The Department of State Services has told a Federal High Court sitting in Asaba that some sensitive national security matters cannot be brought to court hence its decision to detain a trader, Anthony Okolie, for 10 weeks without a valid court order.

N8.5bn fraud: General Atewe bought 30,000 units of shares for N170 million – witness

A prosecution witness, Howard Edafe, in the ongoing N8.5billion fraud case involving a former Joint Military Task Force Commander, Maj.-Gen. Emmanuel Atewe (retd.), on March 12, 2020 told Justice Ayokunle Faji of the Federal High Court sitting in Ikoyi, Lagos, how Atewe bought 30,000 units of shares from MTN Links for N170,350,000.00 (One Hundred and Seventy Million, Three Hundred and Fifty Thousand Naira) between 2014 and 2015.
The Senate Committee on Communications has said that it was impressed by the various regulatory interventions which the Nigerian Communications Commission (NCC) has taken to ensure improved service delivery and bridging access gaps in the country.

Senate hails NCC’s achievements in service delivery, bridging access gaps

The Senate Committee on Communications has said that it was impressed by the various regulatory interventions which the Nigerian Communications Commission (NCC) has taken to ensure improved service delivery and bridging access gaps in the country.
The South African telecoms company, MTN, said its group President and Chief Executive Officer, Rob Shuter, would be stepping down from his role at the end of his contract in March 2021.

MTN chief to step down

The South African telecoms company, MTN, said its group President and Chief Executive Officer, Rob Shuter, would be stepping down from his role at the end of his contract in March 2021.

MTN closes case over N300 million copyright infringement suit

Telecommunication giant MTN on Tuesday closed its case over an alleged N300m copyright infringement suit involving an Abuja-based musician, Liberty Williams.
The Competition Commission said Vodacom had agreed to a “substantial reduction of monthly data bundles”.

South Africa telecoms giant slashes data costs by 30 percent

South Africa’s competition regulator announced Tuesday a deal with Vodacom to cut data costs by at least 30 percent after accusing the telecommunications giant of overcharging for internet connectivity.
President of the Senate, Ahmad Lawan (second from right) and the Chairman of Senate Committee on Communications, Senator Oluremi Tinubu (second from left), during the joint public hearing of Senate Committees on Communications and Trade & Investment at the National Assembly on Wednesday, February 19, 2020.

Senate probes GSM operators over drop calls — in pictures

A Senate panel on Wednesday held a public hearing to investigate telecommunications network operators in the country over increasing rate of drop calls.

Court convicts company director for N53.6 million oil fraud

Udodiri’s journey to jail began when his victims petitioned the EFCC alleging that he approached them between 2014 and 2015 claiming to be a licensed dealer in petroleum products, and had supplied diesel at various times to companies like MTN, EDGE and two other organisations.

MTN budgets $1.6 billion to invest in Nigeria

The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within the next three years.
The Federal Government is committed to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses.

President Buhari meets MTN chairman, promises enable environment for businesses

The Federal Government is committed to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses.
In 2016 while inspecting ongoing projects in the state, Rivers State Governor, Nyesome Wike said his administration had built over 200 roads and bridges in the state.

Governor Wike lobbying to join APC – party leaders

The major stakeholders of the All Progressives Congress (APC) in the 20 wards of Port Harcourt City council area (PHALGA) of Rivers State have accused Governor Nyesom Wike of desperately lobbying to join the APC, since the former Vice-President, Alhaji Atiku Abubakar is not allowing him (Wike) to take over the People’s Democratic Party (PDP).
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

Armed robbers invade MTN office in Kebbi

The Kebbi Police Command has confirmed the invasion of the MTN office in Tudun Wada area of Birnin Kebbi by three armed robbers on Wednesday. =

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Governor Godwin Obaseki of Delta State has restated his commitment to serve Edo people, insisting that the time for sharing public funds to a few greedy politicians in Edo was over.

Edo condemns arbitrary hike in prices of food items, begins monitoring

The Edo State Government has warned traders and sellers of food items against being insensitive to the plight of residents by hiking the price of food items and other household essentials as a fallout of measures by the state government to contain the spread of the coronavirus (COVID-19).
Adeniran Ogunsanya College of Education

AOCOED, unions on war path over bursar, registrar

The last may not have been heard over the lingering crisis between the management of Adeniran Ogunsaya College of Education, Ijanikin and the labour unions in the institutions over the continued stay in office of the bursar and registrar.

WASEC sets to promote creativity in teachers, others

The Convener, Writers, Authors, Speakers and Entrepreneurs Conference, WASEC, Mr. Kayode Adeogun, has said the need to help teachers and other professionals build, connect, expand and define with clarity their purpose informed orgainsing the event slated for later in the week year.
Abdullahi Umar Ganduje

Kano governor, wife test negative for coronavirus

Gov. Abdullahi Ganduje of Kano State and his wife, Hafsat Ganduje, have tested negative to Coronavirus.

Heavy storm destroys buildings, others in Port Harcourt

Residents of Port-Harcourt and the Port Harcourt Electricity Distribution Company, PHEDC, are counting their loses as a result of the heavy rain, accompanied by heavy windstorm in the city on Wednesday.