Just in: MTN beats NCC’s May deadline, pays N55bn last tranche of N330bn fine
MTN Nigeria Communications Plc, Friday, May 31st, 2019, paid the sixth and final installment of N55bn to the Nigerian Communications Commission (NCC), thus beating the May 31st payment deadline in completing the N330 billion negotiated settlement agreed between the NCC…
Heritage Bank drives ‘HB Lab’ tech start-ups’ winners with $40,000 grants
Heritage Bank Plc, has redeemed its support pledge of $40, 000 grants to winners of the maiden edition of HB Innovative Lab. Business Hilights recalls that the maiden edition of Heritage Bank Innovation Lab Accelerator programme (HB-LAB) tagged, ‘Demo Day,’…
Transparency’ll help listed firms access long-term sustainable capital—Onyema
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has observed that promoting transparent disclosures on environmental, social and governance issues can help listed companies access the long-term sustainable capital that will help them contribute their…
Nigeria’s oil sector bleeds up to 92.9% of total illicit flows—NEITI
Fresh report by the Nigeria Extractive Industries Transparency Initiative (NEITI), has decried the jumping yearly losses to Illicit Financial Flows (IFFs) in Nigeria, saying about 92.9 per cent of the total bleeds away from the oil and gas sector. Illicit…
Airtel group plans $1bn London listing ahead of joining MTN on NSE
Though Airtel Nigeria had made more pronounced efforts earlier last year on listing on the Nigerian Stock Exchange (NSE), emerging signals indicate that the India’s telecommunications firm Bharti Airtel, is considering a stock market entry in London for its subsidiary,…
Commonwealth plans 2019 Spectrum Management Forum in June
Plans are underway for the Commonwealth Spectrum Management Forum 2019 in June this year, as part of programmes to mark the next World Radio Communication Conference 2019. While registration for attendance has commenced, a statement from the Event manager for…
FG’s manipulations in ECA shortening N’Delta states’ allocations—Bayelsa Dep. Gov
…Seeks review of FAAC terms in monthly allocations Fresh disturbing observation has been made by the Deputy Governor of oil-rich Bayelsa State, Rear Admiral Gboribiogha John-Jonah (retd), suggesting that the Federal Government may have been in the habit of short-changing…
Chronic loan defaulters’ colluding with security agencies to kill banks—CEOs
Strong indication has emerged showing that chronic bank loan defaulters have devised a dangerous means of engulfing bank chief executives in campaign of calumny laced with momentary disturbances with hired government security agencies to gag and cause frustrations in going…
Just in: First two action Govs serious in business of governance emerge
Out of 29 governors sworn in yesterday, two among them have flagged off show of governance in their respective states with far reaching official decisions and actions. The state chief executives are Governor Emeka Ihedioha of Imo and Mr Babajide…
Vodacom steps up support for Nigeria’s IT education, trains students in robotics
Leading pan-African corporate connectivity and telecommunications services giant, Vodacom Business Nigeria, has boosted its commitment to ensuring that Nigeria keeps pace with the evolution of telecommunications technologies. This is coming on the heels of the second edition of its annual…
