MTN Nigeria fined $5.2 billion for failing to register users

The most lucrative subsidiary, in Nigeria, MTN Group, has been fined $5.2 billion for failing to disconnect millions of unregistered cellphone subscribers. The Nigerian Communications Commission confirmed the penalty based on 200,000 naira ($1,000) for each of 5.1 million cellphone SIM cards that had not been registered and should have been disconnected by an August deadlin...

Read More

278 firms partake in NNPC’s first open crude oil sales biding

Indigenous oil trading companies led by Forte Oil, MRS, Eterna Plc and Niger Delta Petroleum Resources Ltd dominated the list of bidding companies. The Nigerian National Petroleum Corporation (NNPC) yesterday opened bids submitted by 278 companies consisting largely of indigenous oil trading firms vying to secure term contract for the sale and purchase of Nigerian crude oil grade...

Read More

NNPC to cut crude deals to boost transparency and hit corruption

Nigeria's state oil firm NNPC started auctioning annual crude grades on live television on Tuesday and vowed to cut contract holders by a third as part of a drive to boost transparency at an institution hit by corruptio...

Read More

Gowon faults Buhari over deadline day to end Boko Haram on December

Gowon tell Buhari,- no person can confidently talk about the particular time a military operation would end on Boko Haram. A former military Head of State, Yakubu Gowon, on Tuesday faulted President Muhammadu Buhari and the Nigerian military over the December deadline for ending the Boko Haram insurgenc...

Read More

Election nullification, judicial gang-up against me – Wike

How they gang-up against me – Wike PORT HARCOURT : Governor Nyesom Wike has described the nullification of his election by the Election Petition Tribunal as a gang up against him and the people of the state arguing that the the judiciary was setting a dangerous precedent in the country with the way it had gone about elections in Rivers stat...

Read More

You can’t stop tribunal, S-Court tells Wike

Why Wike lose at the tribunal, S-Court tells Wike ABUJA — Governor Nyesom Wike of Rivers State, yesterday, lost his bid to use the Supreme Court to oust the judgment of the Rivers State Governorship Election Petition Tribunal that sacked him from office last week Saturda...

Read More