Globacom loses 2,281 subscribers in February; MTN, 1,643 – NCC

The Nigerian Communications Commission (NCC) on Monday said that telecommunications operators carried out 14,639 Mobile Number Portability activities in February 2019. The NCC made this known in its “Incoming and Outgoing Porting Activities of Mobile Network Operators’ Report’’ on its website. The commission said in the report that 10,650 subscribers ported within the networks in […]

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Invaders of Standard Chartered Bank acted without authorization, they will be punished – EFCC

The Economic and Financial Crimes Commission (EFCC) has said the operatives that raided Standard Chartered Bank acted without authorization. The commission promised to investigate the raid, saying the officers involved would be “subjected to internal disciplinary measures”. Wilson Uwujaren, spokesman of the agency, disclosed this in a statement issued hours after the raid. “Following repeated […]

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MTN targets $500m from stock market

Nigeria’s biggest mobile-phone company, MTN, plans to raise about $500 million from the sale of shares during the first half of the year. The move is to enable the company in fulfilling the terms of a deal struck with the Nigeria to settle a record fine imposed on it in 2016 over SIM registration default. […]

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Internet users in Nigeria now 91 million – NCC

The Nigerian Communications Commission says in the country internet users increased from 90,124,428 in April to 91,565,010 in May, an increase of 1,440,582. The telecommunications industry regulator made the disclosure in its Monthly Internet Subscribers Data obtained by the News Agency of Nigeria (NAN) on Saturday in Lagos. The data indicates that internet users on […]

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