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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.
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
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, 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.
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.
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.
Telecommunication giant MTN on Tuesday closed its case over an alleged N300m copyright infringement suit involving an Abuja-based musician, Liberty Williams.
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.
A Senate panel on Wednesday held a public hearing to investigate telecommunications network operators in the country over increasing rate of drop calls.
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.
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.
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).
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).
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.
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.
Gov. Abdullahi Ganduje of Kano State and his wife, Hafsat Ganduje, have tested negative to Coronavirus.
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.
Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.
With the growing concerns and panic over the gradual lockdown resulting from the Coronavirus pandemic, Independent Petroleum Marketers Association of Nigeria, IPMAN, have assured residents that it would keep the filling stations open and away from fuel scarcity to cushion the effects.
Rivers State Governor Nyesom Ezenwo Wike has expressed satisfaction with the level of compliance with the State government’s directive on the closure of markets, saying that his administration is committed to checking the spread of coronavirus.
Zoom is now facing lawsuits that allege the company is illegally disclosing personal information to third parties. Two lawsuits were filed earlier this week in California, and one is seeking damages on behalf of Zoom users for alleged violations of California’s Consumer Privacy Act.
Smile Nigeria, an internet service provider, has asked anyone who visited its Abuja regional office in the last five days to self-isolate themselves.