MTN’s revenue increases by 12.1% and deactivates 600,000 subscribers. – BelloNaija
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MTN’s revenue increases by 12.1% and deactivates 600,000 subscribers.

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MTN Nigeria said it deactivated 600,000 active subscribers in compliance with the directive of the Nigerian Communications Commission to deactivate partially registered SIM cards.

The telecommunication company recorded 61.6 million subscribers at the end of the third quarter, adding 100,000 users quarter on quarter, the Q3 unaudited financial report ended September 30, 2019 stated.

In the report published on Wednesday, MTN said service revenue increased by 12.1 per cent to N854.9bn, largely driven by increases of 10.1 per cent and 34.9 per cent, respectively in voice and data revenue.

The financial report stated that earnings per share rose by 29 per cent to N7.29 while capex increased by 39.5 per cent to N154.1bn

MTN said its fintech business gained traction with 21.7 per cent year-on-year growth in revenue, driven by increased adoption of the Xtratime service, allowing subscribers to borrow airtime.

The telco said it launched its super-agent services in August 2019 and recorded 66,000 registered agents.

Commenting on the performance of the company, the Chief Executive Officer, MTN Nigeria, Ferdi Moolman, said MTN recorded double-digit growth in service revenue despite the challenging business environment.

According to him, the telco added 1.6 million active data subscribers and 4G population coverage reached over 35 per cent in 64 cities.

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JAMB are to intiate a platform for candidates who score over 250.

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The Joint Admissions and Matriculation Board has said that it will create a platform that will enable some candidates who scored 250 and above to know why they are denied placements in their respective schools of choice.

Dr Fabian Benjamin, JAMB’s Head of Media and Information, made the disclosure in an interview with the News Agency of Nigeria on Wednesday in Lagos.

According to him, the development is to further engender transparency and equity as well ensure that candidates do not fall prey to fraudsters who may claim to be in a position to influence their placements if they (candidates), can meet their terms.

“The board is urging all candidates to have faith in the system as they need not beg, pay or patronise anybody to secure admission.

“Reports reaching us indicate that some persons have been going around collecting candidates’ registration numbers and scores under the guise of helping them to secure placements in their respective institutions of choice.

“Most of these candidates are high-scoring candidates who in the board’s 2019 Unified Tertiary Matriculation Examination (UTME) ordinarily could have secured their admission on merit considering the system put in place by the board.

“The board has through the Central Admission Process System defined all parameters for admission, and once a candidate meets the requirements, such a candidate is automatically picked by the system without interference.

“Unfortunately due to the ignorance of some of these candidates on how the system is being configured to engender transparency, equity and fairness, they allow themselves to be defrauded by some criminals, parting away with huge sums.

“Apparently, these candidates, in an event of being able to secure admission through the CAPS, attribute their success to these criminals who had collected money from them, without knowing that they made no contribution to their success.”

According to him, it is against this backdrop that the board has decided to create a platform that will guide high scoring candidates, from 250 and above on their admission status.

“These group of candidates are to visit the platform and know why they are not admitted in the case of such eventuality and take necessary precautions for the subsequent exercise.

“This is to ensure that these candidates have confidence in the system, as well as prevent them from falling prey to fraudsters.

“We, therefore, also call on all institutions of higher learning to key into this sensitisation of disclosing why some high scoring candidates may not be admitted,” Benjamin said.

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Workers steal N243m worth of jewelry from Lagos celebrity

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Operatives of the Rapid Response Squad of the Lagos State Police Command have arrested two domestic workers, Alex Obinyan and Ayuba Samson, for allegedly stealing jewelry worth N243m in the Lekki area of the state.

It was gathered that Obinyan, a cleaner, and Samson, a car washer, allegedly stole a Cuban diamond neck chain as well as Frank Muller and Rolex wristwatches worth N243m belonging to their boss, who is a celebrity, and fled to Borno State.

The duo was arrested after selling the neck chain and Frank Muller wristwatch for N6m and N4m, respectively in Lagos and Abuja.

Our correspondent learnt that Obinyan, who earned N80,000 monthly, had spent over eight years working with the celebrity, whose identity the police did not disclose, while Ayuba, who earned N50,000 monthly, started working two months ago.

According to the police, the suspects and the buyers of the jewelry were brought to the RRS headquarters by the decoy team of the agency after an eight-day investigation in Abuja and Borno State.

The RRS stated that the suspects, who were captured on CCTV leaving the celebrity’s residence, had confessed to stealing the Cuban diamond chain worth N54m, the Frank Muller wristwatch worth N140m, and the Rolex wristwatch worth N49m.

Narrating how they stole the jewelry in his confessional statement to the police, Obinyan said, “I have been working with him in Lekki for over eight years. I am used to moving those valuables around the house whenever I found them in his car. I have never thought of stealing them.

“When Samson came and he saw me with the diamond encrusted gold chain, he convinced me that we could make a fortune from stealing them. He was not with us before. Within two months of his stay, we planned to steal these things.

“The boss was in the sitting room when we stole the chain along with the Frank Muller and Rolex wristwatches and before escaping; we already got a buyer for the chain. We sold the Cuban diamond chain in Eti-Osa, Lagos, for N6m.

“The following day, we escaped to Abuja, where we bought a Toyota Corolla, and we sold the Frank Muller watch in Abuja for N4m to raise more money for our escape to Borno State, where we planned to start new lives and businesses.”

However, Obinyan, in a letter he left for his boss while departing his apartment, stated that the celebrity was not someone he could rely on.

The letter read in part, “I know you will be shocked why I write to you but the truth is that due to some quite observations, I have come to a notice that you are not a person that someone can rely on. I have been patient enough to see if you can help me but you keep on promising me up to (sic) now there is no avail (sic).

“To cut the story short, I have decided to stop working for you, and I am sorry to mention that but you have to bear with me. I have gone for good because I cannot continue to work for a person that does not care about (sic) me and does not value me for the rest of my life.”

According to the police, the suspects were arrested in Maiduguri in the two-bedroom apartment they rented alongside the buyers of the items, Haruna Abdullahi and Abubakar Buhari.

Recovered from them were the Rolex wristwatch, two brand new tricycles, a Toyota Corolla car and the sum of $2,200.

Our correspondent learned that the suspects had been transferred to the State Criminal Investigation and Intelligence Department, Panti, Yaba, for further investigation.

Reacting to the incident, the RRS Commander, DCP Olatunji Disu, urged Lagos residents to always conduct background checks on their domestic workers before employing them.

-PUNCH

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Son Heung-min dedicates goal to André Gomes against Red Star.

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Son Heung-min, Tottenham star, may still be overtly devastated by guilt but by virtual of his highly remorseful gesture during Spurs’ victory over Red Stars, the South Korean star has accrued more love to his side. Son put behind the most spine-chilling moment of his career that saw him accidentally dislocate André Gomes’s leg in a Premier League tie against Everton as he hit brace in Spurs’ Champions League win over Serbian side Red Star Belgrade.

But the top highlight of the encounter was when the 27-year-old refused to celebrate his second goal and opted to use the moment apologise to the Everton star in a touching moment caught on camera. Son would later disclose that he staged the on-pitch gesture out of respect for Gomes because he understood “his situation.” “I didn’t want to celebrate because I wanted to respect his situation. Of course, I still feel really, really sorry about the situation,” the 27-year-old said Young girl selling groundnut gets enrolled in better school after signing graduate’s shirt “Of course, I still wish Andre Gomes gets well soon and best wishes,” Son submitted according to Balls report.

The emotional action has set social media agog with football fans across the world praising the South Korean star for his humility and his enviable sense of remorse. “Son didn’t even celebrate scoring a Champions League goal because he is more saint than human being and still feels bad about Gomes’ injury. I love him,” Samuel Army posted.

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