By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Directors of Transnational Corporation of Nigeria Plc (TRANSCORP) on Thursday announced the appointment of Emmanuel Nnorom as president/chief executive officer (CEO) succeeding Obinna Ufudo, who led the company since 2011. The conglomerate in a notice to the Nigerian Stock Exchange (NSE) said […]
Capital Market
MTN Group Said Near Deal to Sell Nigeria Tower Network to IHS
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 […]
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 […]
