MTN Group Ltd. (MTN), Africa’s largest phone operator, is nearing a deal to sell its Nigerian mobile tower network, valued at more than $1 billion, to IHS Holding Ltd., according to three people with knowledge of the matter. An agreement to sell the business, which comprises about 11,000 towers, was […]
Author: InvestAdvocate
Banks dump Microsoft’s ATM protection solutions
Deposit Money Banks in the country have been forced to spend millions of dollars to deploy imported and locally-manufactured computer solutions to protect their Automated Teller Machines from hackers, investigation by our correspondent has revealed. Top bank executives disclosed to our correspondent on Tuesday that the development followed the termination […]
Customers to Pay N65 for ATM Withdrawals from Other Banks-CBN
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bank customers will from September 01 pay N65 for cash withdrawals made from other banks’ Automated Teller Machines (ATMs) the Central Bank of Nigeria (CBN) said on Wednesday. According to the circular dated August 13, 2014 and signed by Dipo Fatokun, director, banking and payment […]