Litigation drives MTN shares to lowest level since Nigeria listing
Shares in MTN Nigeria dropped on Thursday to their lowest level since the telecom company listed five weeks ago, after a court case about its $2 billion tax dispute with…
What new SEC Board should do to attract investors – Operators
Some capital market operators on Tuesday commended the newly inaugurated board of the Securities and Exchange Commission (SEC), but charged them on the appointment of a substantive director-general for the…
FG inaugurates liquid waste treatment plant in Rivers, says encouraging PPP, PCI major policy thrust of the administration
FG inaugurates liquid waste treatment plant in Rivers, says PPP,PCI major policy thrust of the administration Vice President Yemi Osinbajo on Friday inaugurated the Port Harcourt Dockyard Liquid Waste Treatment…
NCC rolls out Internet Code to counter cybercrime
The Nigerian Communications Commission (NCC) on Thursday said it had established an Internet Industry Code of Practice for internet service providers in the country to secure the country’s cyber space….
Baru congratulates Kyari as new GMD NNPC
President Muhammadu Buhari has appointed Mr Mele Kolo Kyari as new Group Managing Director for the Nigerian National Petroleum Corporation. The corporation in a statement released by the NNPC Group…
Buhari govt’s focus on agriculture will boost economy – Adesina
Dr Akinwumi Adesina, the President African Development Bank (AfDB) says Nigeria has all it takes to be “a power house in food and agriculture” on the African continent. Adesina, who…
FCMB manager, accomplice defraud businessman of N210m: court told
A businessman, Alhaji Idris Mohammed on Friday told a Zuba Upper Area Court Abuja, that an FCMB Bank manager, Lukman Bada and his accomplice, Idris Yusuf allegedly defrauded him of…
Nigeria may lose $9bn to foreign firm over failed gas project
A firm incorporated in the British Virgin Islands will ask a British court on Friday for the right to seize up to $9 billion of Nigerian government assets – some…
Huawei is no spy in US or anywhere, says Founder Ren Zhengfei
Ren Zhengfei, the founder of China’s Huawei – the world’s second-largest telecom equipment maker – has spoken to the media for the first time. The 68 year-old spoke to a…
Nigeria shines in Mauritius, as TD wins Philips Partner of the Year Award
Sub-Saharan Africa’s distribution giant, Technology Distributions Ltd. (TD), was the cynosure of all eyes at the just-concluded Philips Partners Conference held in Mauritius where the company claimed the 2018 Partner…