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AHC: Telco, Banks to be affected as NCAA begin masts demolition

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Telecom

Due to failure to obtain statutory Aviation Height Clearance (AHC), the Nigerian Civil Aviation Authority (NCAA) has said it would immediately commence the demolition of one of Africa’s fastest growing telecommunications companies, Globacom Nigeria Limited, and some financial institutions in different locations across the country. The regulatory authority listed the names of the telecommunication operators […]

NSE: MTN tops gainers chart amid N275bn infraction payment to FG

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MTN

…As market capitalization hits N13.30trn Motolani Oseni There was a positive trend at the end of trading activities on the Nigerian Stock Exchange (NSE) on Tuesday, with MTN Nigeria Communications leading the gainers’ chart closing at N131.70 per share, amid payment of N275 billion SIM infractions to the federal government. Also, the market capitalisation which […]