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MTN Loses 5m Users, Records N385.2bn Revenue In Q1, 2021

MTN Loses 5m Users, Records N385.2bn Revenue In Q1, 2021       MTN Nigeria Communications Plc has reported a profit after tax of N73.75bn for the first quarter of 2021, up 42.35 percent from N51.74bn in the same quarter of last year. The telecommunications company said its profit...

MTN, Banks To Meet Tuesday, Customers Reconnected To USSD

MTN, Banks To Meet Tuesday, Customers Reconnected To USSD       MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the Unstructured Supplementary Service Data and banking apps on Friday. The channels were blocked as a result of...

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...

Nigeria, South Africa Bilateral Trade Hits $8.2bn Annually

Nigeria, South Africa Bilateral Trade Hits $8.2bn Annually       The Consul General of Nigeria to South Africa, Abdulmalik Ahmed, has said that the bilateral trade between Nigeria and South Africa is worth $8.6 billion. Ahmed said the mutual benefit of the trade relation was bound to yield...

Fed Govt Licenses 203 Agents To Boost NIN Enrolment

Fed Govt Licenses 203 Agents To Boost NIN Enrolment       The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami), has approved the licensing of 173 private sector Agents and 30 State Governments/Public Sector Institutions to conduct enrolment of Nigerians and legal residents into...

Stock Market Battles Policy Reversal In Treasury Bills

Stock Market Battles Policy Reversal In Treasury Bills         The price correction that resulted from profit taking activities as well as the reversal in Treasury Bills (TBs) yields last week may not necessarily impede the recovery prospect in the stock market, equity dealers have said. They insisted...