MTN to float bond to pay N330 bn fine

MTN to float bond to pay N330 bn fine

MTN Group Limited, yesterday, disclosed plans to raise dollar denominated bond that would help it to pay for dividends, capital expenditure and the N330 billion ($1 billion) fine levy imposed to it by the Nigeria Communication, NCC.
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TCN transmits 1980.81MW in June —Report

TCN transmits 1980.81MW in June —Report

LAGOS— Independent System Operation (ISO), a business unit of Transmission Company of Nigeria (TCN), has said that energy sent out in June this year was the lowest during the period, which averaged at 1980.81Mega Watts, MW.

Edo 2016: The longest 48 hours

Edo 2016: The longest 48 hours

IN the next 48 hours, Edolites will go to the polls to elect a new Governor. How lucky could anyone be when the situation we have by default is what people in the more advanced democracies earnestly pray for and work hard to attain?

Devt partners to invest $5bn in cassava production in 5 years

Devt partners to invest $5bn in cassava production in 5 years

ABUJA—AS government intensifies efforts to develop the agriculture sector, development partners, under the auspices of Foundation for Partnership Initiatives in the Niger Delta, PIND, are to invest $5 billion in the cassava sub-sector in five years.

3 killed as Hausa, Fulani clash in Lagos

3 killed as Hausa, Fulani clash in Lagos

LAGOS—No fewer than three persons lost their lives in a clash between Hausa and Fulani traders in Abbatoir, Agege area of Lagos, yesterday, while several others were injured.