Tag: Nigeria

Nigeria open to deal with mobile group MTN over $3.9 bln fine

Wed Jan 27, 2016/Reuters By Alexis Akwagyiram Nigeria is open to an amicable out-of-court settlement with South Africa’s MTN over a $3.9 billion fine imposed on the cell phone operator, a top regulatory official said on Wednesday. This represents a thaw in a three-month standoff between Africa’s largest mobile operator […]

Nigeria: Government Scraps Subsidy On Kerosene, Pegs Price @ N83 Per Litre

  Januaty 24, 2016/The Will   The Petroleum Products Pricing Regulatory Agency (PPPRA)‎ has increased the price of Kerosene from N50 to N83.  In a statement on Sunday, the PPPRA however said the directive would be implemented only at outlets operated by the Nigerian National Petroleum Corporation (NNPC). The template […]

Nigeria must “harmonise” monetary and fiscal policies: finance minister

Sat Jan 23, 2016/Reuters By Sujata Rao DAVOS, Switzerland (Reuters) – Monetary and budgetary policies in Nigeria need to be “harmonised” to boost the economy, Finance Minister Kemi Adeosun said on Friday, adding that moves towards this can be expected. Nigeria has just unveiled a large increase in budget spending […]