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NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsNigerian banking sector assets grow by 45% year-on-year
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DOW42,850.22 0.32%
BTC$87,250 3.20%
UPDATETinubu approves ₦3 trillion for power sector
NewsNigeria exits technical recession with 3.46% GDP growth
BREAKINGNigeria secures $2.25 billion World Bank loan
GOLD$2,890.5 0.85%
NewsNaira stabilizes at N1,550/$1 in official market
ALERTAviation fuel prices drop by 8%
NewsStock market capitalization crosses N55 trillion mark
NewsNigeria's inflation rate drops to 24.48% in January
NewsGold hits record high as investors seek safe haven
NewsEuro depreciates against dollar ahead of ECB meeting
NewsDangote Refinery begins petrol production
NewsOil prices rally on OPEC+ production cuts extension
WTI$68.92 1.80%
NAS18,290.25 1.05%
NewsBrent crude approaches $75 amid Middle East tensions
BRENT$72.45 2.10%
USD/NGN₦1,550 0.45%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsBitcoin surges past $87,000 on ETF inflows
BREAKINGSEC announces new rules for digital assets
NEWSNNPC reports 47% profit increase
NGXASI98,575.68 1.25%
EUR/USD1.0845 0.12%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsNigerian banking sector assets grow by 45% year-on-year
S&P5,776.65 0.15%
DOW42,850.22 0.32%
BTC$87,250 3.20%
UPDATETinubu approves ₦3 trillion for power sector
NewsNigeria exits technical recession with 3.46% GDP growth
BREAKINGNigeria secures $2.25 billion World Bank loan
GOLD$2,890.5 0.85%
NewsNaira stabilizes at N1,550/$1 in official market
ALERTAviation fuel prices drop by 8%
NewsStock market capitalization crosses N55 trillion mark
NewsNigeria's inflation rate drops to 24.48% in January
NewsGold hits record high as investors seek safe haven
NewsEuro depreciates against dollar ahead of ECB meeting
NewsDangote Refinery begins petrol production
NewsOil prices rally on OPEC+ production cuts extension
WTI$68.92 1.80%
NAS18,290.25 1.05%
NewsBrent crude approaches $75 amid Middle East tensions
BRENT$72.45 2.10%
USD/NGN₦1,550 0.45%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsBitcoin surges past $87,000 on ETF inflows
BREAKINGSEC announces new rules for digital assets
NEWSNNPC reports 47% profit increase
NGXASI98,575.68 1.25%
EUR/USD1.0845 0.12%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsNigerian banking sector assets grow by 45% year-on-year
S&P5,776.65 0.15%
DOW42,850.22 0.32%
BTC$87,250 3.20%
UPDATETinubu approves ₦3 trillion for power sector
NewsNigeria exits technical recession with 3.46% GDP growth
BREAKINGNigeria secures $2.25 billion World Bank loan
GOLD$2,890.5 0.85%
NewsNaira stabilizes at N1,550/$1 in official market
ALERTAviation fuel prices drop by 8%
NewsStock market capitalization crosses N55 trillion mark
NewsNigeria's inflation rate drops to 24.48% in January
NewsGold hits record high as investors seek safe haven
NewsEuro depreciates against dollar ahead of ECB meeting
NewsDangote Refinery begins petrol production
NewsOil prices rally on OPEC+ production cuts extension
WTI$68.92 1.80%
NAS18,290.25 1.05%
NewsBrent crude approaches $75 amid Middle East tensions
BRENT$72.45 2.10%
USD/NGN₦1,550 0.45%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsBitcoin surges past $87,000 on ETF inflows
BREAKINGSEC announces new rules for digital assets
NEWSNNPC reports 47% profit increase
NGXASI98,575.68 1.25%
EUR/USD1.0845 0.12%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
UPDATENDDC launches ₦2.5bn infrastructure bond
NGX INDICES
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
MARKET NEWS
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
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Financial EDGE

FG orders telcos to block SIMs without NINs

By adminResearch Signal
FG orders telcos to block SIMs without NINs
Click to expand

All Subscriber Identification Modules (SIMs) that are not registered with valid National Identification Numbers on the network of telecommunications companies shall be blocked, after December 30, the Federal Government has said.

It was gathered in Abuja on Tuesday that the declaration was part of resolutions reached during an urgent meeting of key stakeholders in the communications industry that was convened by the Minister of Communications and Digital Economy, Isa Pantami.

The spokesperson of the Nigerian Communications Commission, Ikechukwu Adinde, said in a statement issued in Abuja that the meeting was convened following the earlier directive on the suspension of new SIM registration by network operators.

He stated that at the meeting, the need to consolidate the achievements of last year’s SIM registration audit and improve the performance and sanity of the sector was discussed. The NCC said stakeholders agreed that urgent drastic measures had now become inevitable to improve the integrity and transparency of the SIM registration process.

The commission outlined decisions taken for immediate implementation by all network operators to include the affirmation of the earlier directive to totally suspend registration of new SIMs by all operators.