Wed Feb 3, 2016/Reuters MTN Group has hired a former top U.S. law enforcement official to help challenge a $3.9 billion fine imposed by Nigeria for failing to disconnect unregistered users, the Financial Times reported on Wednesday. Citing people familiar with the situation, the newspaper said former U.S. Attorney General […]
Tag: Nigeria
Nigeria’s Investment Inflows Drop by $11.1 Billion in 2015 – NBS
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s investment inflows declined $11.107 billion from $20.750 billion in 2014 to N$9.643 billion recorded in the review period of 2015, the National Bureau of Statistics (NBS) said in its latest report on Tuesday. The NBS said the level of Capital imported between 2012 and […]
Nigeria Approaches African Development Bank for $1 Billion Budget Support Loan
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria has approached the African Development Bank (AFDB) for Budget Support Loan of $1 billion, the Africa lender said on Tuesday. “During the High-Level Mission conducted by the Bank to Nigeria last week to strengthen the policy dialogue on how best the Bank can provide […]
