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MTN earns N469 billion from airtime, data, SMS in H1

MTN Nigeria made a total of N469.4bn revenue from sales of airtime, data and Short Messaging Service in the first six months of the year, the 2019 half-year unaudited financial report of the company stated.

Airtel Africa to boost Nigerian equities with N1.4 trillion

Airtel Africa Plc is set to become the third most capitalized quoted company on the Nigerian stock market as the telecommunications company concludes arrangements to list its shares on the Nigerian Stock Exchange (NSE). Nigeria alone accounts for 36% of its total revenue.
Debt Management Office (DMO)

Federal government offers 2-year, 3-year savings bonds at 11.41%, 12.41% in June

The federal government has offered for subscription two-year savings bond at 11.41 per cent and three-year savings bond at 12.41 per cent per annum.
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.

DMO: Investors oversubscribe March FGN Bonds by N140 billion

The Debt Management Office on Wednesday said that FGN Bonds offered to investors for the month of March was oversubscribed by N140bn.

Spotify files complaint against Apple in Europe over ‘unfair’ fees and restrictions

Spotify has announced that it’s filing a complaint against Apple with the European Commission (EC), citing anti-competition practices and a business model that gives Apple an “unfair advantage”.

DMO: Investors bid N234 billion for N150 billion bonds offer

The Debt Management Office (DMO) says the Federal Government’s February bonds received over N234 billion from investors for the N150 billion that was offered.

Federal government to auction N150 billion bonds on January 30

The Debt Management Office (DMO) says the Federal Government is to auction by subscription N150 billion worth of bonds on Jan. 30.

Federal government’s Sukuk bond oversubscribed, receives N132 billion for N100 billion offer

The federal government received over N132 billion subscriptions from 2,073 investors for its N100 billion 7-year 15.74 per cent Sukuk offer, the Debt Management Office (DMO) has said.

Federal government allots N5.75 billion in December bonds

The federal government has allotted N5.75 billion worth of bonds in its December auction, lower than its initial offer of N70 billion.

Nigeria surpasses broadband penetration target by 0.9 percent

The Nigerian Communications Commission (NCC) on Thursday disclosed that broadband penetration in the country has reached 30.9 per cent, thus surpassing the 30 per cent broadband penetration target by a margin of 0.9 per cent.

Federal government to auction N70 billion bonds on December 19

The Debt Management Office (DMO) says the Federal Government is to auction by subscription bonds worth N70 billion on Dec. 19.

Federal government to auction N70 billion bonds

The Debt Management Office says the Federal Government is to auction by subscription bonds worth N70 billion on December 19.
Zainab Ahmed

Federal government issues N100 billion sovereign sukuk at 15.7 percent

The Federal Government has begun the sale of its second tranche 7-year N100 billion sovereign sukuk, the Debt Management Office (DMO), said on Thursday.

DStv subscribers demand pay-as-you-view billing system

Digital Satellite Television service subscribers in Nigeria are grumbling over the continued payment for services not rendered by MultiChoice, the major distance-to-home service provider in Nigeria.

Multichoice insists on new DSTV, GoTV tariffs, appeals court order

MultiChoice Nigeria said on Friday it filed an appeal against last Monday’s order of the Federal High Court, Abuja stopping it from increasing subscription rates to its cable television services.

CPC: Increase in DSTV subscription rate done in bad faith

The Consumer Protection Council on Wednesday said it opposed the increase in subscription rates for DSTV and GoTV by MultiChoice Nigeria due to its violation of the spirit of collaboration.
StarTimes

StarTimes to crash subscription by September 1

Startimes said it will reduce subscription fee for its Classic bouquet from N2,600 to N1,900 come September 1, with the inclusion of Ebony Life TV, ST Nollywood Plus and Fox and ST Kids to the bouquet.

Recent Stories

Leicester's midfield marvel James Maddison is the man to take Liverpool to the next level, Jamie Carragher believes.

Jamie Carragher: James Maddison could take Liverpool to next level

The talented playmaker continues to catch the eye for the Foxes and created 100 chances last season, more than any other player in the Premier League.
Wizkid

Wizkid becomes first African to hit eight million monthly listeners on Spotify

Afropop star Ayodeji Balogun aka Wizkid has become the first African artist to hit eight million monthly streams on Spotify.

JAMB: Stanbic IBTC to give top 30 UTME candidates N15m scholarships

The Joint Admission and Matriculation Board (JAMB) has announced that Stanbic IBTC will reward the top 30 candidates in the last Unified Tertiary Matriculation Examination (UTME) will be giving scholarship worth N15m.
A board member of the Athletics Federation of Nigeria (AFN), Brown Ebewele, says the country is risking its chances of winning the forthcoming African Games following the choice of athletes by the federation to represent the country.

African Games begins in Morocco

What is generally regarded as Africa’s version of the Olympic Games is officially underway in Rabat, Morocco. The Opening Ceremony of the 12th African Games was held Monday night at the Prince Moulay Abdellah stadium.
US Secretary of State Mike Pompeo called for a 'new era of cooperation' [Petr David Josek-AP]

Mike Pompeo: Release of Iranian tanker unfortunate

U.S. Secretary of State Mike Pompeo said in a television interview on Monday that it was unfortunate an Iranian oil tanker detained off Gibraltar had been allowed to leave.