Author Archives: Ruth Omoteso

Airtel Africa has provided an update on the NIN/SIM registrations process in Nigeria. The telecom giant revealed that outgoing voice revenues for those active subscribers who have not yet linked their NIN with their SIM amount to around 8% of total revenues from Nigeria, and around 3% of total revenues for the Group. The Nigerian Communications Commission […]

It was yet another bearish session on the floor of the Nigerian stock market on Thursday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.46% to close at 46,543.51 points from the previous close of 46,766.16 points. The Market Capitalisation declined by 0.46% to close at N25.092 trillion from the previous[…]

The two telecoms giants listed on the floor of the Nigerian Exchange, MTN Nigeria and Airtel Africa have explained to the investing public the reasons for the phased suspension of services to subscribers who’s SIMs are not associated with National Identity Number (NIN). Following a directive issued by the Nigerian Communications Commission (NCC) on 7 December 2020[…]