November 16, 2015/The Will The leading financial services institution in digital banking offerings in Nigeria, and across Africa, United Bank for Africa (UBA) Plc, appears set to change the payments landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards, according to a statement issued Monday, […]
Capital Market
MTN Says Nigeria Delays Deadline for Payment of $5.2 Billion Fine
By InvestAdvocate Lagos (INVESTADVOCATE)-South African telecoms giant MTN said on Monday, Nigerian authorities has delayed the enforcement of $5.2 billion fine slammed on it until negotiations have been concluded. The company said it has advised shareholders that Phuthuma Nhleko, its executive chairman has personally met with the Nigerian authorities to […]
GE’s $5 billion Japanese commercial lending unit has two bidders: WSJ
Sun Nov 15, 2015/Reuters Two bidders remain in the race to purchase General Electric Co.’s (GE.N) Japanese commercial lending business, the Wall Street Journal reported on Sunday, citing a person familiar with the situation. The leasing arm of Sumitomo Mitsui Financial Group and Shinsei Bank submitted binding bids this month […]
