The Association of Telecommunications Operators of Nigeria (ALTON) on Thursday urged banks to prioritise the payment of their Unstructured Supplementary Service Data (USSD) debt, which he said had increased to N200 billion.

An Abuja High Court on Friday ordered that the suspended Central Bank (CBN) Governor, Godwin Emefiele be remanded in Kuje correctional centre until Nov 22. Justice Hamza Muazu gave the order and adjourned until Nov. 22 when Emefiele’s bail application will be heard. Emefiele was arraigned on a six-count charge before Justice Muazu.

The Nigerian Exchange (NGX) still maintained an uptrend following the inflation surge. Stockholders sought to rebalance their portfolio which keep trading activities in the local bourse on a tight nose. However, bulls prevailed, and this pushed key performance indicators upward by 0.02%.