Tuesday , January 21 2025

Business Remarks

Banks Battle MTN Over Vending Commission Reduction

Banks Battle MTN Over Vending Commission Reduction

Acting on directives from its South African parent company, MTN Nigeria has made an ill-conceived play at monopolising the Nigerian Telecommunications industry. This ploy was made clear on March 30 2021 when the service provider facilitated a meeting with aggregators and announced a 37.5%  reduction in its vending commission without prior …

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N5000 CAC Registration: FG gives extra 90 days

The Federal Government has directed the Corporate Affairs Commission (CAC) to further extend the period for the registration of small businesses in the country at a reduced cost of 50 per cent by three months. The Acting Registrar General of CAC, Lady Azuka Azinge, said the directive, which takes effect …

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