The Central Bank of Nigeria (CBN) has debited the account of Stanbic IBTC Bank, the banking subsidiary of the Stanbic IBTC Group, for N1.886 billion regulatory...
Nigeria’s telecommunication giant, MTN Nigeria, has lost about one million subscribers in one month, according to Nigerian Communications Commission (NCC). The latest industry statistics released by...
Barely two weeks after the Central Bank of Nigeria (CBN) directed MTN Nigeria Communications Limited to refund $8 billion over alleged illegal repatriation of shareholders’ dividends,...
As the fines imposed on four banks by the Central Bank of Nigeria (CBN) and its directive to MTN Nigeria to refund a total of $8.134...
MTN Nigeria has dismissed allegations by the Central Bank of Nigeria (CBN) over illegal repatriation of shareholders’ dividends amounting to $8.1 billion by the company between...
The Central Bank of Nigeria (CBN) has imposed sanctions totalling N5.87 billion on four banks for wrongly assisting MTN Nigeria to repatriate funds. The banks allegedly...
The Nigerian Communications Commission (NCC) said the number of internet users in the country dropped in June by three hundred and forty seven thousand, six hundred...
Indications have emerged that operations of telecom company, MTN Nigeria, could be under threat over continuous picketing of its offices across the country by the Nigeria...
The Nigerian Communications Commission (NCC) on Monday stopped moves by South African mobile giant, MTN Group, to acquire the only surviving Code Division Multiple Access (CDMA)...
Nigerian Communications Commission (NCC) has begun the process for the transfer of the licence of Visafone Communications Limited to digital mobile operator, MTN Nigeria Communications Limited....
The executive vice chairman of the Nigeria Communication Commission (NCC), Professor Umar Danbatta, on Monday said that left to him that the sanction which the body...
The scramble to acquire 9mobile, Nigeria’s fourth largest network operator, promises to be very competitive, as 16 firms have submitted expressions of interest (EoIs) to Barclays...
MTN Nigeria Communications Limited and MTN International, Mauritius, have been ordered by the National Industrial Court of Nigeria (NICN), Akure Division, to within 30 days pay...
Of all business outfits in the Apapa area of Lagos, the telecoms sector, it is feared, may suffer a staggering loss of about $1.5 billion over...
Nigerian-British actress, singer, MC, presenter and one of the fans favourite at the just concluded Big Brother Naija reality TV show has just penned a management...
One of Africa’s biggest mobile phone operator, MTN Group, has suffered its first annual loss in revenue projections in two decades, due mainly to a fine...
A new twist may have been added to the matter of recovered monies allegedly stolen from government purse as the Attorney-General of the Federation (AGF), Abubakar...
Palpable fear has gripped Nigeria-based South African telecom company, MTN, over rumours of planned reprisal attacks by aggrieved Nigerian youths. This is as a result of...
A landmark agreement has just been reached by Sony Music Entertainment after it reached a partnership with Nigerian telecoms companies MTN, Airtel and Etisalat in the...
The Federal Government’s hope of raking in N330 billion from MTN as fine may have been dashed as the GSM giant has said it can not...
The year 2016 is surely a good one for talented musician cum comic actor Folarin Falana popularly known as Falz the Bahd Guy. Falz who has...
The Nigeria Communications Commission (NCC), on Tuesday, said it acted with a temporal price floor for data services to avert a looming price war in the...
A major GSM operator, MTN Nigeria is on the verge of reducing its investment stock in the country. The company’s headquarters in South Africa has confided...
President Muhammadu Buhari may have ordered one of his senior aides to answer to the allegation of taking N500 million bribe from a leading telecommunications firm...
The Senate on Tuesday, revealed that investigation into the alleged repatriation of $13.9 billion by MTN Nigeria has begun. The Red Chamber has also revealed that...
The troubles of communications giant, MTN, in Nigeria has caused it to be downgraded to junk by the international ratings agency, Standard and Pauls (S&P). ...
Dr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, has described as baseless, the allegation by Senator Dino Melaye that he colluded with MTN Limited...
A minister under President Muhammadu Buhari-led Federal Government has been accused of aiding MTN to repatriate $13.9 billion to its home country, South Africa. Senator Dino...
The MTN Group Limited has raised $1.3 billion loan with which to offset the N330 billion fine placed on it by Nigeria last year, so said...
Nigeria economic meltdown has seen operators in its telecommunications sector losing more than 60 million lines at the end of second quarter of 2016, according to...
Telecoms giant, MTN has announced its music brand ambassadors for the year 2016/2017 via a statement it issued earlier today, as the brand continues to provide...
A lawyer and human rights activist, Festus Keyamo has filed a suit against the telecoms company, MTN Nigeria, at the Federal High Court in Lagos on...
Former MTN Project Fame winner Iyanya went into a moment of rage when he allegedly threatened a Calabar based radio personality cum comedian known as Last...
MTN Nigeria will displace Dangote Cement Plc as Nigeria’s largest quoted company as the board of the telecommunication company on Thursday appointed the advisory team and...
‘Reggae Blues’ crooner and Five Star music act Harrysong is thanking his stars after he narrowly escaped an auto crash with his crew members along Owerri-...
Telecommunications giant, MTN Nigeria, Wednesday, emerged winner of the 2.6 GHz frequency spectrum auction by the industry regulator, Nigerian Communications Commission (NCC). MTN was adjudged the...
A member of the House of Representatives, Raphael Igbokwe, has dragged the Attorney General of the Federation, AGF, Abubakar Malami, the Minister of Communication Technology, Adebayo...
Africa’s biggest telecommunications operator, MTN Group on Monday announced the appointment of Rob Shutter as its new chief executive officer. The announcement came after months of...
Telecommunications giant, MTN Nigeria, has agreed to pay the Nigerian government $1.7 billion as settlement of the fine imposed on it by the Nigerian Communications Commission,...
The Minister of Communications, Adebayo Shittu, on Wednesday, cleared the air on the controversy over the payment of N50b fine by the telecoms giant, MTN Nigeria....
Contrary to allegations by the Economic and Financial Crimes Commission, members of the dissolved board of the National Broadcasting Commission, NBC, have denied any wrongdoing, saying...
MTN has paid its former chief executive officer, Sifiso Dabengwa, $1.6 million after he resigned over a record fine imposed on the company by the federal...
The Economic and Financial Crimes Commission, EFCC, has invited for interrogation, a former Director-General of the National Broadcasting Commission, NBC, Emeka Mba and nine ex-members of...
The Attorney General of the Federation and Minister for Justice, Abubakar Malami (SAN), on Thursday, explained his role in the payment of N50billion to the Federal...
French telecommunications company, Orange, is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the two...
The lower legislative chambers and the Attorney- General of the Federation and Minister of Justice, Abubakar Malami are at daggers drawn over the reduction of the...
The lower legislative chambers and the Attorney- General of the Federation and Minister of Justice, Abubakar Malami are at daggers drawn over the reduction of the...
The Nigerian Communications Commission (NCC) on Wednesday said it has lifted the regulatory services ban placed on MTN Nigeria. This, the regulatory agency said is based...
MTN Nigeria says that reports making the rounds that it has proposed to pay only N300 billion of the N780 NCC fine were not true, as...
President Mohammadu Buhari on Tuesday accused MTN of causing the death of 10,000 Nigerians over its refusal to register SIM cards on time. President Buhari stated...