For the third consecutive year, the pan-African and fully integrated Conglomerate, Dangote Group has again emerged as the Most Valuable Brand in Nigeria for the year 2020, the outcome of the 2020 edition of the Annual Brand Evaluation, “TOP 50 BRANDS NIGERIA” has revealed. Though, still themed Top 50 Brands; however 60 brands were evaluated…
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Diamond Bank Partners Microsoft, HP To Empower SMES
Intent on promoting small businesses in Nigeria, Diamond Bank Plc, has teamed up with Microsoft, Intel, HP and MTN in a strategic partnership focused at providing SMEs in the country with essential tools required to give them the competitive edge in a dynamic business environment. The event which held recently in Ikeja, Lagos, featured an…
MTN Gets N16bn Lawsuit From COSON
Top telecoms firm in Nigeria, MTN, has been slammed with a N16 billion lawsuit by the Copyright Society of Nigeria, COSON. The company was taken to a Federal High Court, sitting in Lagos for alleged copyright infringement. The suit was filed by COSOM’s counsel, Justin Ige in a 43 paragraph Statement of Claim with the…
Buhari Orders Review Of MTN N789b Fine
The Federal Government has ordered the Nigeria Communications Commission, NCC, to renegotiate the N789 billion fine it slammed on telecoms company, MTN, for not deactivating its subscribers not registered during the window opened for registration of SIM cards. President Muhammadu Buhari, who received his counterpart from South Africa, Jacob Zuma, on Tuesday in Abuja, explained…
MTN Withdraws Suit Against NCC, Pays N50b
mtn The suit instituted against the Nigeria Communications Commission, NCC, by MTN Nigeria has been withdrawn from court. MTN announced the withdrawal on Wednesday and said it has decided to N50 billion to the regulator of the industry in good faith. The company had earlier sued the NCC after it was fined N1.04 trillion for…
Tarfa Slams N5b Suit On EFCC, MTN, Falana
The Economic and Financial Crimes Commission, EFCC, has been sued by embattled Senior Advocate of Nigeria, SAN, Rickey Tarfa for an alleged violation of his right to privacy. Tarfa claimed the EFCC accessed his call records on his phone with mobile number 08034600000 without his consent and made available to online news media, including Sahara…
Court Stops MTN Taking Money Abroad
Justice Mohammed Idris of the Federal High Court in Lagos has barred MTN Nigeria Communications Limited from moving any of its funds from all commercial banks in Nigeria abroad pending hearing of its suit challenging the N1.4trillion fine imposed on it by the Nigerian Communication Commission, NCC. The Federal Government, through the NCC, initially imposed…
CBN Gov, MTN, Stanbic IBTC In Messy $8b Scam
Going by a report recently published by National Daily newspaper, the controversial Governor of Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi, has been fingered in a money laundering fraud. The amount involved in the scam is said to be $8 billion. MTN and Stanbic IBTC bank were also implicated in the scam. Read the…