Stock Market Capitalisation Falls by N622bn At the close of trading on Monday, investors lost N622bn due to sell-offs of some telecoms and banking stocks. The market which opened with the All-Share Index at 54,892.53 lost 2.08 per cent to close 53, at 750.77. The market capitalisation...

Telecom: MTN to Merge two Finance Subsidiaries Telecommunications company, MTN Nigeria, has proposed a merger of its two finance subsidiaries; Momo Payment Service Bank Limited and Yello Digital Financial Services Limited. This was revealed in its proposed resolutions for its 2023 Annual General Meeting scheduled to...

Report Telecom Vandalism, NCC Tells Community Members The Nigerian Communications  Commission NCC has called on members of the communities to report any form of vandalization of telecommunication infrastructures in order to safeguard the equipment and facilities to ensure improved quality of service delivery to the...

SIM-NIN: Telecom Consumers Set To Take FG to Court TELECOMMUNICATION subscribers under the National Association of Telecoms Subscribers have said they are set to drag the Federal Government to court in May to temporarily prevent the government’s barring of subscribers’ outgoing calls. Federal authorities ordered telecom...

In Six Months, Telecom Stocks Gained N366bn     Shareholders of telecommunications services companies quoted on the main and premium boards of the nation’s stock market recorded a gain of about N366bn in the first half of the year 2020 following positive market sentiment on the stocks...

NCC Pledges To Fund Academic Research To Stimulate Growth In Telecom Industry   The Nigerian Communication Commission (NCC) has indicated interest to fund academic research in Nigerian universities and polytechnics with a view to stimulating growth and development of the telecommunication industry in the country. The Executive...