October 10, 2016/Reuters South Africa’s MTN has appointed a new regulatory affairs chief, a spokesman said on Monday, after a large fine in Nigeria dragged Africa’s biggest mobile operator by users to its first-ever half-yearly loss. The firm, which had been fined $1 billion by Nigeria for missing a deadline […]
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Nigeria’s revenues fall far short in first half of year-minister
October 10, 2016/Reuters Nigeria managed to raise only 55 percent of its six-month revenue target in the first six months of 2016, its budget minister said on Monday. “We have not been able to meet overheads (such as travel allowances) but have concentrated on capital expenditure,” Udoma Udo Udoma told […]
Stocks Commence Week Bullish on Frail Investors Confidence
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on a bullish note as the benchmark NSEASI advanced 0.32 percent to at 27,925 points. “Today’s performance reduced the Month-to-Date and Year-to-Date losses to 1.45 percent and 2.50 percent correspondingly,” according to Cordros daily market […]
