January 23, 2017/Reuters By Camillus Eboh and Paul Carsten ABUJA (Reuters) – Nigeria must not scare away MTN, its minister of communications said, as lawmakers investigate alleged illegal money transfers just three months after the government fined Africa’s biggest telecoms firm over $1 billion. The comments by Adebayo Shittu are […]
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Guinness Nigeria set to launch $127 mln rights issue
January 23, 2017/Reuters By Chijioke Ohuocha Jan 23 Guinness Nigeria said on Monday it was seeking shareholder approval for a share issue to raise 40 billion naira ($127 million) which it needs to strengthen its balance sheet following recent losses. The company, which is 54 percent owned by Diageo, reported […]
Microsoft, Ecobank Agree to Drive Digital Transformation in Africa
January 23, 2017/Ecobank Transnational Incorporated Microsoft, the leading platform and productivity company for the mobile-first, cloud-first world and Ecobank Transnational Incorporated, parent company of pan-African banking group Ecobank today signed a memorandum of understanding (MOU) to complement African governments’ efforts to modernise and raise the standards of the continent’s major […]
