MTN Communications Nigeria (MTN Nigeria) Plc has said it was ready to roll out the fifth generation (5G) services ahead of the timeline contained in the Information Memorandum (IM) prepared by the Nigerian Communications Commission (NCC) for the 3.5gigahertz (GHz) spectrum auction last year. In line with the terms and conditions of the 5G licence, […]
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The unclaimed dividend control tussle between shareholders and the Securities and Exchange Commission (SEC) assumed a perceived negative turn last month, following an announcement by the Securities and Exchange Commission (SEC) in the penultimate Thursday. The outfit disclosed that the N170b unclaimed dividends have finally been remitted to the Unclaimed Dividend Trust Fund (UDTF), which […]
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Partners Pan-Atlantic University on media innovation programme MTN has unveiled its readiness to roll out the fifth generation (5G) network service in the country by the second half of the year. The Chief Executive Officer, MTN Nigeria, Karl Toriola, made this known in Lagos, yesterday when he announced the partnership of the firm with Pan-Atlantic […]
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Zenith Bank Plc has emerged the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards. The bank was recognised for its resilience and profitability in the face of Nigeria’s challenging macroeconomic environment. The Tier-1 bank retained the award for the third consecutive year. The bank joined others from 36 countries in Africa […]
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The Central Bank of Nigeria (CBN) has foreclosed the possibility of adopting a clean float foreign exchange management approach as long as the supply shock remains. It, however, promised to continue to engage relevant stakeholders, including the International Monetary Fund (IMF) and the World Bank on best approaches to stabilising the market. The assurance comes […]
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Nigeria’s largest lender in the SME space, Access Bank plc, has unveiled an online account opening platform for unregistered businesses. The online account opening platform is a paperless and seamless digital process which allows customers to register their business account within five minutes without visiting a branch. And it is available for anyone above 18 […]
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Samsung and UK telco VMO2 have deployed a series of new 4G and 5G sites across the UK. According to telecoms.com, following lab tests last year, field trials had been ongoing on the sites in Tamworth and the Peak District since the beginning of this year, and the sites had now been used to complete […]
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Ondo State Government has charged Business owners and haulers operating in Ondo State have been asked by the state government to pay their statutory levies and haulage fees. It gave the charge through the Commissioner for Commerce, Industries and Cooperative Services, Mrs Lola Fagbemi at a stakeholders’ meeting in Akure, the state capital. She urged […]
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Nigerians and their businesses are suffering major hits as power outages and lingering shortages in petrol supply are spiking operational costs and eating deep into profits. Many individuals, businesses and companies are adjusting their operations to curtail the untoward hardship in the country. Last week, a Nigerian worker said his employer had sent an internal […]
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Shares of U.S. plane maker, Boeing Corporation and its suppliers fell yesterday, as a 737-800 aircraft of China Eastern Airlines, with 132 people on board, crashed in the mountains of southern China. The plane crashed after a sudden descent from cruising altitude. Media reported that rescue workers had found no sign of survivors. The cause […]
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