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MTN Irancell

MTN sticks to 2018 plan despite complications to repatriate cash from Iran

MTN Group, Africa’s biggest mobile operator, is sticking to its 2018 dividend target despite new U.S. sanctions making it harder to repatriate cash from its Iran joint venture, the company said on Wednesday.

MTN: US withdrawal may limit its cash repatriation from Iran

MTN Group said on Wednesday that President Donald Trump’s decision to pull the U.S. out of the Iran nuclear accord may limit its ability to repatriate cash from MTN Irancell.

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Nigerian Stock Exchange NSE

All-Share Index drops marginally by 0.01% in cautious trading

Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.

Lagos taskforce suspends paramilitary officer for corruption

Lagos State Task Force on Tuesday said it has suspended a paramilitary officer of the Agency, by name Mr Ikuburuju Alex popularly called ‘Iku,’ for extorting money from an arrested traffic offender in Ikorodu, following complaints against the officer on the social media and subsequent investigation of the accused staff.