Tag: MTN

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Access Bank Gets Nod For $250m Tier II Capital, N75bn Rights Issue

Access Bank Gets Nod For $250m Tier II Capital, N75bn Rights Issue

The management of Access Bank Plc, on Wednesday said it has received regulatory approvals and finalised terms to raise $250m in Tier II capital, which...
CBN’s Fine Shows Need For Improved Corporate Governance By Banks, Says NDIC Boss

CBN’s Fine Shows Need For Improved Corporate Governance By Banks, Says NDIC Boss

Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, says last month’s N5.87bn fine levied by the...
N250m Fine: Diamond Bank Insists On Innocence, Pledges Cooperation With CBN

N250m Fine: Diamond Bank Insists On Innocence, Pledges Cooperation With CBN

The management of Diamond Bank Plc, on Monday informed shareholders through the Nigerian Stock Exchange (NSE) that the Central Bank of Nigeria (CBN) h...
N5.65bn Fine: CBN Debits Accounts Of Stanbic, Diamond, Others Despite Protest

N5.65bn Fine: CBN Debits Accounts Of Stanbic, Diamond, Others Despite Protest

• We’re Innocent, Stanbic IBTC Tells NSE Despite protest by the directors of Standard Chartered Bank, Citibank, Stanbic IBTC Bank and Diamond Bank ...
MTN Shares Down 7% After FG Slams $2bn Tax Bill

MTN Shares Down 7% After FG Slams $2bn Tax Bill

For mobile telecommunications giant- MTN Communications Nigeria, it no longer just rain, it pours. It is now a tale of one week, one trouble. While i...
We’ve Received No Application From MTN, Says SEC

We’ve Received No Application From MTN, Says SEC

Contrary to the barrage of media reports, Nigeria’s capital market apex regulator- the Securities & Exchange Commission (SEC), on Sunday denied re...
MTN Partners Ecobank, Unveils Details Of Nigerian IPO Soon

MTN Partners Ecobank, Unveils Details Of Nigerian IPO Soon

Rob Shute, chief executive of African telecommunications giant- MTN, on Tuesday morning in Lagos assured that plans for the Initial Public Offering (I...
MTN May List Nigerian Arm In July, To Cut Debt With $5.2bn IPO

MTN May List Nigerian Arm In July, To Cut Debt With $5.2bn IPO

Telecommunications giant- MTN plans to list its Nigerian unit worth $5.23bn by July in a debut Initial Public Offering (IPO) on the Nigerian Stock Exc...
More Nigerians Prefer 9Mobile Network, As 16,809 GSM Subscribers Port In 2017Q3

More Nigerians Prefer 9Mobile Network, As 16,809 GSM Subscribers Port In 2017Q3

A new report published by the National Bureau of Statistics (NBS), on Friday showed that a total of 16,809 GSM subscribers ported out of their network...

Free-Float: Dangote Industries Sells 417.76m Shares Of DangCem For N87.76bn

The Nigerian Stock Exchange (NSE), on Tuesday recorded perhaps its biggest single daily transaction value in history, when 417,763,711 units of Dangot...
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