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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.
Lafarge SA

Coronavirus: Lafarge apologises over role in deadly virus spread to Nigeria

Khaled El Dokani, the country Chief Executive Officer of Lafarge Africa in Nigeria, has apologised for the company’s role in admitting the deadly coronavirus into Nigeria.
MRS Oil

MRS Oil director resigns

A disclosure sent to the Nigeria Stock Exchange said the board of the company reviewed and approved the resignation by a written resolution.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Ex-customs staff dragged to court over N176 million debt

A Federal High Court in Lagos has adjourned till 5th of November, 2019 for hearing of debt recovery suit of N176,586 487.86 instituted against former custom staff, Dr. Kamoru Bolaji Yusuff, by Asset Management of Nigeria, AMCON.
Nigerian Stock Exchange NSE

SEC: Report on commodities trading expected to spur capital market, economy

The Securities and Exchange Commission, SEC, has disclosed that the report of Technical Committee, TC, on commodities trading ecosystem in Nigeria was being implemented and was expected to make the much desired impact on the commodities trading that would stimulate Nigeria’s capital market and economic growth.

Governors meet over NFIU’s directive on local council funds

The 36 state governors under the umbrella of Nigeria Governors’ Forum (NGF) are meeting in Abuja to discuss update on recent directive of the Nigerian Financial Intelligence Unit (NFIU) on local government funds.

AIICO appoints new managing director

AIICO Insurance Plc. has announced through a disclosure on the Nigeria Stock Exchange the appointment of Babatunde Fajemirokun as its managing director.
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 gets central bank super agent licence

MTN Nigeria has announced that its subsidiary, Yello Digital Financial Services Limited (YDFS), has been granted a full Super Agent Licence by the Central Bank of Nigeria (CBN).
AWUNEBA AJUMOGOBIA

Awuneba Ajumogobia resigns as UAC director

Awuneba Ajumogobia, who served the company for 9 years, resigned with effect from July 31.

Airtel Africa posts $796m revenue

As the corporate earnings continue to hold sway in the Nigerian market, Airtel Africa has announced that its revenue increased to $795.9 million from $744.5 million recorded in the corresponding period of 2018.

Ex-CBN deputy chief Tunde Lemo resigns from GSK Board

A former deputy governor of the Central Bank of Nigeria, Tunde Lemo, has resigned from the board of GlaxoSmithKline Consumer Nigeria Plc (GSK) as a non-executive director.

MTN mobile subscribers hit 61.5 million in Nigeria

Telecommunication giant, MTN Nigeria, on Friday said its mobile subscribers’ base increased to 61.5 million in the first quarter of 2019.

MTN appoints ex-minister, ex-revenue chief, ex-NBA president as board members

Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

Clarion call for SEC, other agencies to respect rule of law

If the SEC goes ahead with this action it will be in clear violation of the interim injunction obtained by Oando’s principals Adewale Tinubu, the Group Chief Executive and Omamofe Boyo, the Deputy Group Chief Executive which restrains SEC, its servants and agents from directing or requesting any agency of the Government to act upon its decisions contained in its letter of 31st May pending the hearing.
Lagos State Governor Babajide Sanwo-Olu has announced the appointment of six new Permanent Secretaries in the States Civil Service.

Governor Sanwo-Olu wants young Nigerians to be educated on significance of June 12

Mr Babajide Sanwo-Olu, the Lagos State governor, has advised that young Nigerians should be educated on the significance of the June 12 anniversary.

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.
Diamond Bank

NSE puts Diamond Bank shares on full suspension

Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger with Access Bank Plc.

Recent Stories

Medical council validates four coronavirus test kits – registrar

The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.