Category: e-BUSINESS

JUST IN: MTN Seals N200b Deal with 12 Local Lenders
May 18, 2019 No Responses

JUST IN: MTN Seals N200b Deal with 12 Local Lenders

MTN Nigeria Communications Plc on Friday confirmed it signed a seven-year 200 billion naira medium term facility with a consortium of seven mostly local banks. The company confirmed this in a statement by its Company Secretary, Uto Ukpanah, to the...
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JUST IN: MTN Offers 20% of Its Shares to Nigerians
May 16, 2019 No Responses

JUST IN: MTN Offers 20% of Its Shares to Nigerians

MTN Lists Shares On Nigerian Stock Exchange Mobile Telecommunication operator, MTN has given 20% of its shares to Nigerians for ownership. The Chief Executive Officer, MTNNigeria, Ferdi Moolman, confirmed this at the listing of the company’s on the Niger...
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NSE Finally Approves MTN Nigeria Listing at N90 per share
May 14, 2019 No Responses

NSE Finally Approves MTN Nigeria Listing at N90 per share

The Nigerian Stock Exchange (NSE) on Tuesday finally approved the listing of MTN Nigeria shares on the nation’s bourse. A senior management at the NSE, who pleaded anonymity, told the News Agency of Nigeria (NAN) in Lagos that MTN Nigeria...
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CBN Struggles to Defend Allege N500Bn ‘Stolen’, after Secret Audio of Emefiele, Top Officials Goes Viral
May 12, 2019 No Responses

CBN Struggles to Defend Allege N500Bn ‘Stolen’, after Secret Audio of Emefiele, Top Officials Goes Viral

The Central Bank of Nigeria IS STRUGGLING to defend the questionable audio conversation of governor of the central bank, Godwin Emefiele, deputy governor, Edward Adamu, director of finance Dayo Arowosegbe and special adviser to the governor, Emmanuel Ukeji on ...
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Jumia Loses 18% Shares Seven Hours after Huge Fraud Allegations
May 10, 2019 No Responses

Jumia Loses 18% Shares Seven Hours after Huge Fraud Allegations

Shares of Jumia Technologies listed on the New York Stock Exchange (NYSE) declined considerably on Friday after a report by Citron Research. In the short report released on its website, Citron Research, a US-based online investment newsletter headed by Andrew...
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Maltina’s new campaign to promote culture of happy living among Nigerians
May 10, 2019 No Responses

Maltina’s new campaign to promote culture of happy living among Nigerians

Nigeria’s leading nourishing family malt drink, Maltina, says it will soon roll out a new campaign series which seeks to highlight the happy moments that brings genuine smiles on the faces of Nigerians. Mr Oluseun Lawal, Maltina Brand Manager at...
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BREAKING: Buhari re-appoints Godwin Emefiele as CBN gov
May 9, 2019 No Responses

BREAKING: Buhari re-appoints Godwin Emefiele as CBN gov

President Muhammadu Buhari has re-appointed Godwin Emefiele for a second term in office as governor of the Central Bank of Nigeria (CBN) for the next five years. Recall that Godwin Emefiele was first appointed in 2014 by former president Goodluck...
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UPDATES: MTN Nigeria Registers 20.36bn Shares
May 8, 2019 No Responses

UPDATES: MTN Nigeria Registers 20.36bn Shares

MTN Nigeria Communications Plc (MTN) says it has successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the Securities and Exchange Commission (SEC). Ferdie Moolman (pictured), MTN’s chief executive officer, made this kn...
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Sophos Alerts Businesses on New Ransomware called MegaCortex
May 7, 2019 No Responses

Sophos Alerts Businesses on New Ransomware called MegaCortex

Sophos, a global leader in endpoint and network security, has released alert about a new ransomware that is threatening businesses. On Friday, May 3, 2019, at 3:45 pm ET, SophosLabs Uncut released detailed malware analysis of the new ransomware called MegaC...
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May 7, 2019 No Responses

MTN Vs AGF: Court Rejects AGF Preliminary Objection

The Federal High Court; presided over by the Honourable Justice Aneke, has delivered its ruling, rejecting the Notice of Preliminary Objection filed by the AGF in response to MTN’s lawsuit. The substantive case is now scheduled to be heard on June...
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