Active subscribers increase by 43,807 in March — NCC
Active GSM users rose to N173.7 million
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Active GSM users rose to N173.7 million
The loan syndication came a day after the listing of the company’s shares on the Nigerian Stock Exchange.
Details of the listing showed that the shares were introduced at N90 per share on the Nigerian bourse's Premium Board ...
NCC says it wants to establish a clean and credible SIM registration database in the country.
NCC aims to establish a credible SIM registration database in the country.
The issue of MTN enlisting its shares in the Nigerian capital market has lingered since 2013.
The telecoms firm demanded N3 billion as general and exemplary damages and legal costs.
The telecoms firm says it has begun to engage with the Nigerian Stock Exchange (NSE) to complete the listing process.
The appointee will take over in December.
It says about 95.7 million subscribers’ SIM registration data undergoing standardised screening, verification.
The NCC made this known on Monday in its Monthly Internet Subscribers Data for December.
The Senate had said it would probe claims the government planned to reduce MTN's fine from $8.1 billion to $800 ...
Three years down the line, Mr Shittu's promises appear not to be totally at par with the expectations of Nigerians.
The CBN had sanctioned MTN and four banks.
The agency says the telecom firm is cooperating with the Nigerian authorities
The case highlights growing concerns about rising illicit financial flows in Africa.
The loan, with a seven-year term, was provided by a syndicate of eight banks
The commission says it has been inundated with complaints by subscribers on non-compliance with directions on data roll-over.
The group said other countries also put such fines in place.
Following the comment, MTN’s shares at the Johannesburg Stock Exchange rose by 1.5 per cent to about 81.11 rand.
The CBN had earlier said ''new documents provided by the telecoms company'' would help reduce the claims.
Airtel gained more with 421, 467 new internet users in August increasing its subscription to 27,508,240.
The central bank had on August 29 ordered MTN and the four banks to bring $8.1 billion back into Nigeria.
"The raid by operatives purportedly wearing the jackets of the Commission might have been the handiwork of errant officers."
The firm says the issues are complex and are easily misunderstood and misinterpreted.
