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: President Muhammadu Buhari
Dangote plans to generate 12,000MW of electricity
March 8, 2016March 8, 2016/Punch Akinpelu Dada and Oyetunji Abioye The President, Dangote Industries, Aliko Dangote, has said his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central […]
Nigeria’s president rejects IMF calls to lift FX curbs, end naira freeze
Sun Mar 6, 2016/Reuters Nigeria’s President Muhammadu Buhari has rejected calls by the International Monetary Fund (IMF) to lift the West African country’s foreign exchange curbs and allow a more flexible rate for its currency. “No,” he told pan-Arab Al Jazeera television in an interviews posted on the station’s website, […]
