Thu Mar 3, 2016/Reuters South Africa’s MTN Group expects Nigeria to devalue the naira by up to 22 percent at some point this year, chief financial officer Brett Goschen said on Thursday. Africa’s biggest wireless operator is in talks with Nigerian authorities to reduce a $3.9 billion fine imposed last […]
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Nigeria says producers to meet in Moscow, sees dramatic impact
The Mar 3, 2016/Reuters By Camillus Eboh Some members of OPEC plan to meet other oil producers in Russia around March 20 for new talks on an oil output freeze, Nigeria’s petroleum minister said on Thursday, forecasting the meeting would spark a dramatic reaction in crude prices. Nigeria has been […]
MTN Says May List on Nigeria Bourse after Fine Resolution-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)-The MTN Group said it may list its Nigerian unit shares on the Nigerian Stock Exchange (NSE), according to a Reuters report on Thursday. The report said the listing maybe considered after the company has resolved the dispute surrounding the $3.9 billion fine with Nigerian authorities, quoting […]
