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Investors Gain N107bn as Stock Market Rebounds

Investors Gain N107bn as Stock Market Rebounds Despite Tuesday's loss of N1bn, investors at the Nigerian Exchange Limited gained N107bn the following day, Wednesday. The All-Share index and market capitalisation appreciated by 0.35 per cent to 55,801.14 and N30.397tn respectively. Since the beginning of the year,...

MTN Alleges N22bn Fraud On Mobile Money Banking In One Month

MTN Alleges N22bn Fraud On Mobile Money Banking In One Month   MTN Communications Limited’s newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) has alleged a fraudulent loss of N22 billion in one month of operations. In a suit instituted by the MOMO bank against...