Nigeria’s telecoms regulator has fined mobile operators MTN, Airtel and Globacom a combined 647.5 million naira ($4 million) and banned them from selling SIM cards in March due to poor service, it said on Thursday. Globacom, which is owned by Nigerian billionaire Mike Adenuga, was fined 277.5 million naira, while […]

The Auditor General for the Federation (AGF), Mr Samuel Ukura on Thursday said that 20 auditors trained in gas and oil auditing were examining the accounts of the NNPC. Ukura said this when he appeared before the House of Representatives Committee on Public Accounts in Abuja to defend the 2013 […]

Nigeria’s leading FMCG Cadbury Plc engaged the investing community on its recent market plan to return its excess capital to shareholders , who the group believes are best placed to take their own investment decisions. The company led by its Managing Director Mr Emil Moskofian visited the Nigerian stock exchange, […]