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UN: Foreign investment into Nigeria drops by 43 percent

Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report.
One of the most critically acclaimed shows on the Lagos theatre circuit – Legends, Kings and Kingdoms- the Musical’ opened for the first time in Abuja to packed crowds and rave reviews.

Legends Musical makes debuts in Abuja

One of the most critically acclaimed shows on the Lagos theatre circuit – Legends, Kings and Kingdoms: the Musical’ opened for the first time in Abuja to packed crowds and rave reviews.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN blackmailed Nigeria into reducing $330 million fine – ex-minister

Immediate past Minister of Communication Adebayo Shittu on Thursday explained that Mobile Telecommunication Network (MTN) practically blackmailed the federal government into reducing the over $330 million controversial fine imposed on it by the National Communication Commission (NCC).

NCC: Glo, 9Mobile set to list on Stock Exchange

With the enlisting of the leading mobile operator in the country on the Nigeria Stock Exchange, the Nigerian Communications Commission, NCC, says other operators including Bharti Airtel, Globacom and 9Mobile are getting set to do so.

NSE: Market capitalisation loses N302 billion

Trading on the Nigerian equities market opened for the week on Monday with a loss of 2.22 per cent, following declining investors’ appetite on MTN Nigeria Communications shares.

EFCC probes MTN’s listing on NSE

Telecommunications giant, MTN Nigeria, has revealed its listing on the Nigerian Stock Exchange (NSE) is the subject of an enquiry by the Economic and Financial Crimes Commission (EFCC).

MTN Nigeria listing being investigated by EFCC

MTN Nigeria said on Saturday it is under investigation by the Nigerian financial crimes agency over its listing last week, although it “has not been accused of any wrongdoing” by the Economic and Financial Crimes Commission.

MTN Nigeria suffers first share price drop

MTN Nigeria Communications Plc saw its share price fall on Friday for the first time since it got listed on the Nigerian Stock Exchange.

MTN Nigeria records first loss after listing, amid profit taking

MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange after listing on May 16.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN pays N235 billion SIM registration fine

MTN Nigeria Communications Limited has paid a total of N235bn out of the N330bn fine imposed on the mobile telecommunications operator in August 2015 by industry regulatory agency, the Nigerian Communications Commission.

Operators fault MTN Nigeria listing over free float

Some stakeholders in the capital market have faulted the listing of MTN Nigeria Communications Plc on the nation’s bourse in spite of unavailability of the mandatory 20 per cent free float.
Phone SMS is used for more than just text messaging in Africa

NCC: Internet users hit 115.9 million in March

Internet users in Nigeria increased marginally to 115,938,255 million in March 2019, the Nigerian Communications Commission (NCC) has said.
Nigerian Stock Exchange NSE

Stock market records highest gain in three months

The nation’s stock market recorded its highest gain since February 12 last week as the market capitalisation of equities rose by N1.874tn following the listing of MTN Nigeria Communications Plc on the Nigerian Stock Exchange.

MTN Nigeria lifts trading on NSE, records 10 percent growth second trading day

MTN Nigeria Communications Plc for the second trading day appreciated by 10 per cent due to high demand for the equity on the Nigerian Stock Exchange (NSE).

MTN stocks gain 21 percent in 48 hours

The telecommunications giant, which is the only one listed in the sector by the Nigerian Stock Exchange gained the maximum 10 per cent each of the two days of trading. It was initially listed at N90 on Thursday.
Nigerian Stock Exchange NSE

NSE gains N1.9 trillion as MTN lists 20.35 billion shares

The market capitalisation of equities listed on the Nigerian Stock Exchange rose by N1.90tn on Thursday after MTN Nigeria Communications Plc listed 20.35 billion shares on the Exchange.

Kano Emirate: Group urges government to respect court orders

Kano Concerned Citizens Initiative (KCCI), an umbrella of some eminent elders in the state has urged the parties in the Kano Emirate crisis to respect the orders of the court.

MTN Nigeria admitted into NSE Premium Board

The Nigerian Stock Exchange on Thursday announced the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc.

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