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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.

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.
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.
Secretary to the Government of the Federation (SGF) Boss Mustapha

Federal government reiterates support for Nollywood

The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, said the Federal Government would ensure that Nollywood actors get a fair deal from their trade.
Nigerian Stock Exchange NSE

NSE: Market indices extend growth by 0.35 per cent

The Nigerian Stock Exchange (NSE) market indices ended trading on Friday with a growth of 0.35 per cent.
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 plans to raise N100 billion from commercial paper

There are strong indications that MTN Nigeria is planning to raise N100 billion through Commercial Paper (CP).
Molumo Yusuf, a 14-year-old student of Heritage Global Academy, Ikorodu, Lagos State, won the N100,000 grand prize shopping voucher at MTN mPulse Kiddies Hackathon app competition in Lagos on Friday.

14-year old wins MTN kiddies hackathon app competition

Molumo Yusuf, a 14-year-old student of Heritage Global Academy, Ikorodu, Lagos State, won the N100,000 grand prize shopping voucher at MTN mPulse Kiddies Hackathon app competition in Lagos on Friday.
Nigerian Stock Exchange NSE

NSE market capitalisation loses N130 billion in six hours

The Nigerian Stock Exchange market capitalisation on Wednesday shed N130 billion in about six hours of trading.

MTN directs workers to stay at home

MTN Nigeria has directed its workers to stay at home in view of the ongoing attacks against South African companies operating in Nigeria.
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 offices close shop as Nigerians protest xenophobic attacks

The MTN Nigeria outlet in Ikeja, Lagos has been shut after some Nigerians took to the streets to protest xenophobic attacks against Nigerians in South Africa.

Financial inclusion: MTN subsidiary recruits 500,000 money agents

Y’ello Digital Financial Services, (YDFS), a subsidiary of MTN Nigeria, on Thursday, launched a super-agent network service named ‘MoMo Agent’, in its efforts to deepen financial inclusion in the country.
Nigerian Stock Exchange NSE

NSE: Investors react positively to ministers’ inauguration, assignment

Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.

Dangote Cement overtakes MTN as NSE’s biggest firm

Dangote Cement Plc has regained its position as the biggest listed firm on the Nigerian Stock Exchange as sell-offs were witnessed in MTN Nigeria Communication Plc’s shares on Tuesday.
Nigerian Stock Exchange NSE

NSE indices record 0.21 percent loss

The Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.

MTN Nigeria celebrates 18 years of operations, promises quality ICT

Leading Information and Communications Technology (ICT) company, MTN Nigeria, on Thursday promised improved quality ICT offerings as it marked 18 years of its operations in Nigeria.
Ernest Ndukwe

ATCON lauds ex-NCC chief’s emergence as MTN chairman

The Association of Telecommunications Companies of Nigeria (ATCON), has congratulated Ernest Ndukwe on his recent appointment as new board chairman, MTN Nigeria.

Osun Osogbo festival begins with traditional town cleansing

The people of Osogbo, the Osun State capital, will tomorrow (Monday) witness the traditional cleansing (known as Iwopopo) of Osogbo town, as part of pre-festival events that will herald the 2019 Osun Osogbo festival.

MTN Nigeria asks tribunal to rule on tax treatment of $1 billion fine

MTN Nigeria has asked a Nigerian tax tribunal to rule on whether the company should pay corporate tax on a 330 billion naira ($1.1 billion) fine, a spokesman for the telecoms company said.

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Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China’s Huawei in its 5G networks, officials said Saturday.

Huawei will stop producing Kirin chipsets on September 15

Huawei will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s suppliers has made it impossible for the company’s HiSilicon chip division to keep making the chipsets, key components for mobile phone, Richard Yu, CEO of Huawei’s Consumer Business Unit was quoted as saying at the launch of the company’s new Mate 40 handset.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

House of Reps uncovers abandoned power projects worth over N156 billion

The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN).

Biafra group warns Miyetti Allah against operating security outfit in South-east, South-south

The Biafra Nations Youth League, BNYL, on Saturday, warned Miyetti Allah Kautal Haure not to allow the Fulani Security group to operate in the Southeast and Southsouth to avoid bloody confrontation by both groups.
Governor of Kaduna State, Mallam Nasir El-Rufai, has fully recovered from coronavirus. 4

Governor El-Rufai: South should produce next President

Barely a week after President Muhammadu Buhari’s closest ally and nephew, Malam Mamman Daura, spoke against zoning of presidency ahead of the 2023 election, Kaduna Governor Nasir El-Rufa’i has said the next President should come from the South.
The Lagos Waste Management Authority on Saturday said plans had been concluded to decommission its Olusosun and Solous landfill sites. The Managing Director of LAWMA, Dr Muyiwa Gbadegesin, said in a statement that the decommissioning was due to urban encroachment and increased human activities around the areas.

LAWMA arrests 13 cart pushers for environmental laws violation

Mr Ibrahim Odumboni, Acting Managing Director, Lagos State Waste Management Authority (LAWMA), said the authority arrested 13 cart pushers and seized 29 carts for violating environmental laws of the state.