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GITEX 2020: NITDA Unveils Top 10 Nigerian Tech Start-Ups At Global Forum

GITEX 2020: NITDA Unveils Top 10 Nigerian Tech Start-Ups At Global Forum       The National Information Technology Development Agency (NITDA) has unveiled 10 top Nigerian tech startups who have produced critical solutions to emerging technology. The Director-General of NITDA, Kashifu Inuwa said the agency has offered full...

Income Tax Revenue Lags Behind Fed Govt Projections

Income Tax Revenue Lags Behind Fed Govt Projections         Amidst various pressures on the Federal Government’s finances and 2020 budget’s revenue estimates, an indication has emerged that the government has already recorded a 25.3 per cent shortfall in Company Income Tax, CIT, in the first six...

MTN Nigeria Profit Shrinks To N144.24bn

MTN Nigeria Profit Shrinks To N144.24bn         MTN Nigeria’s profit dropped by 3.3 per cent, recording N144.24bn profit after tax in the nine-month period ended September 30, the company’s unaudited financial report released on Wednesday has shown. MTN said its operations were impacted by the devaluation of...

Telecoms Operators Blame Poor Network On Lagos, Edo Protests

Telecoms Operators Blame Poor Network On Lagos, Edo Protests         Telecom operators are appealing to the protesting youths in Lagos and Edo states to allow their workers reach the transceiver base stations for servicing. The President, Association of Telecommunications Companies of Nigeria, Teniola Olusola, in a telephone...

Mobile Phone Operators’ Assets Rise By N804bn

Mobile Phone Operators’ Assets Rise By N804bn         The assets of the six Mobile Network Operators in Nigeria increased by N804.09bn or 0.38 per cent in 2019, a latest report by the Nigerian Communications Commission stated. The 2019 Subscriber/Network Data Report stated that the total value of...

MTN Group Worths $3.3bn, Says Brand Finance

MTN Group Worths $3.3bn, Says Brand Finance       MTN Group says it has been named the most valuable African brand in the Brand Finance Africa 150 2020 ranking, which ascribes a brand value of $3.3 billion to MTN. Brand value is the net economic benefit that a...