Day: May 31, 2019

Just in: MTN beats NCC’s May deadline, pays N55bn last tranche of N330bn fine

• ICT

Just in: MTN beats NCC’s May deadline, pays N55bn last tranche of N330bn fine

Business Hilights May 31, 2019

MTN Nigeria Communications Plc, Friday, May 31st, 2019, paid the sixth and final installment of N55bn to...

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Heritage Bank drives ‘HB Lab’ tech start-ups’ winners with $40,000 grants

• ICT

Heritage Bank drives ‘HB Lab’ tech start-ups’ winners with $40,000 grants

Business Hilights May 31, 2019

Heritage Bank Plc, has redeemed its support pledge of $40, 000 grants to winners of the maiden...

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Transparency’ll help listed firms access long-term sustainable capital—Onyema

• Banking/Investments

Transparency’ll help listed firms access long-term sustainable capital—Onyema

Business Hilights May 31, 2019

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has observed that promoting...

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Nigeria’s oil sector bleeds up to 92.9% of total illicit flows—NEITI

• Banking/Investments

Nigeria’s oil sector bleeds up to 92.9% of total illicit flows—NEITI

Business Hilights May 31, 2019

Fresh report by the Nigeria Extractive Industries Transparency Initiative (NEITI), has decried the jumping yearly losses to...

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Airtel group plans $1bn London listing ahead of joining MTN on NSE

• ICT

Airtel group plans $1bn London listing ahead of joining MTN on NSE

Business Hilights May 31, 2019

Though Airtel Nigeria had made more pronounced efforts earlier last year on listing on the Nigerian Stock...

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Commonwealth plans 2019 Spectrum Management Forum in June

• ICT

Commonwealth plans 2019 Spectrum Management Forum in June

Business Hilights May 31, 2019

Plans are underway for the Commonwealth Spectrum Management Forum 2019 in June this year, as part of...

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FG’s manipulations in ECA shortening N’Delta states’ allocations—Bayelsa Dep. Gov

• Energy

FG’s manipulations in ECA shortening N’Delta states’ allocations—Bayelsa Dep. Gov

Business Hilights May 31, 2019

…Seeks review of FAAC terms in monthly allocations Fresh disturbing observation has been made by the Deputy...

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Chronic loan defaulters’ colluding with security agencies to kill banks—CEOs

• Industry

Chronic loan defaulters’ colluding with security agencies to kill banks—CEOs

Business Hilights May 31, 2019

Strong indication has emerged showing that chronic bank loan defaulters have devised a dangerous means of engulfing...

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