Tue Mar 8, 2016/Reuters South African telecoms company MTN is in talks with Nigeria’s telecoms regulator to reduce the $3.9 billion fine imposed for its failure to disconnect unregistered sim cards and arrange gradual payment, President Muhammadu Buhari said on Tuesday. The Nigerian president made the comment at a joint […]
Tag: MTN Group
AIG Nigeria Raises another $225 Million from Goldman Sachs, MTN, Rocket Internet
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian e-commerce firm, Africa Internet Group (AIG), said on Thursday it has raised further funding worth a total of 225 million euros ($245 million) from investors including Goldman Sachs, South African telecoms group MTN and Germany’s Rocket Internet, according to a Reuters report. The report says that […]
South Africa’s MTN expects Nigeria to devalue naira this year
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 […]
