archiveOctober 5, 2018

MTN Group Ltd. is facing mounting pressure to transfer $8.1 billion to Nigeria after the country’s central bank argued the wireless carrier should pay interest on the disputed repatriation of dividends until it surrenders the full amount. The stock dropped the most in a month. The telecommunications company should pay...

Chris Isiguzo, South East Bureau Chief of ThisDay Newspaper from Enugu Zone on Friday morning emerged the National President of Nigeria Union of Journalists (NUJ) at the Unions general election in Abeokuta, the Ogun State capital. The News Agency of Nigeria (NAN) reports that Mr Isiguzo polled 346 votes to...

  The National Chairman of the Peoples Democratic Party, (PDP), Uche Secondus and other members of the party, Friday led protest against the outcome of the just concluded Osun state gubernatorial election that saw Gboyega Oyetola of All Progressives Congress, APC emerge winner. They first assembled at the party’s national...

As part of efforts at deepening the MSME Clinics, the Federal Government is set to establish shared facilities for MSMEs in the country based on a partnership with states, government agencies such as Bank of Industry (BOI), Federal Inland Revenue Service (FIRS), NAFDAC, Standard Organisation of Nigeria (SON), and interested...

The Central Bank of Nigeria (CBN) has said that Nigerians who spray Naira notes at parties risk going to jail for about six months or made to pay a N50,000 fine. The CBN which  said on Thursday through its Bankers Committee added that henceforth, mobile courts are to move around...

  The leadership of the ruling All Progressives Congress (APC) has released the list of 24 candidates that have been cleared to contest the 2019 governorship elections. As explained by the party’s spokesperson, Yekini Nabena, this followed the Governorship Primaries of the All Progressives Congress (APC) held across the country....

MTN has received a counterclaim from Nigeria’s central bank to its request for an order to stop the bank forcing it to repatriate $8.1 billion it claims was illegally sent out of the country, the South African telecom’s lawyer said on Friday. According to Reuters, MTN has received the central...