Investors Dump Dangote Cement, Others Shares   The equities market declined by N88.3bn on Thursday on the back of major sell-offs witnessed in Dangote Cement Plc, MTN Nigeria Communications Plc and Unilever Nigeria Plc. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from...

MTN Launches Mobile Financial Services Subsidiary   MTN Nigeria is set to unveil its new subsidiary, Y’ello Digital Financial Service Limited and mobile money services today. The telco registered the new subsidiary with the Corporate Affairs Commission in 2018 and obtained a super-agent licence from the Central...

Dangote Cement Emerges NSE's Biggest Firm, Overtakes MTN   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. On Monday, MTN Nigeria overthrew Dangote Cement, becoming the...

Glo Settles N2.6bn Interconnect Debt To MTN   MTN Nigeria has received N2.6bn part-payment of interconnect debt from Globacom, sources familiar with the issue confirmed on Thursday. It was gathered that the industry regulator, Nigerian Communications Commission, had intervened in the debt issue, which led to partial...

N330bn Fine: MTN Has Till May 31 To Pay N55bn Balance - NCC MTN Nigeria Communications Limited has till May 31 to pay the balance of N55bn out of the N330bn fine imposed on the telecommunications company by the Nigerian Communications Commission for SIM card...

MTN Pays N235bn Fine Over SIM Registration MTN Nigeria Communications Limited has paid a total of N235bn out of the N330bn fine imposed on the mobile telecommunications operator in August 2015 by industry regulatory agency, the Nigerian Communications Commission. Executive Vice Chairman at NCC, Prof Umar...