Tag: President Muhammadu Buhari

Nigeria to start new talks on $3.9 billion MTN fine ‘very soon’: minister

Wed Mar 2, 2016/Reuters By Alexis Akwagyiram Nigeria will start new talks with South African mobile phone operator MTN “very soon” to settle a dispute over a $3.9 billion fine but the final decision rests with President Muhammadu Buhari, the communications minister said. Last week, MTN said it had withdrawn […]

Oil prices “totally unacceptable”, Nigerian president tells Qatar’s ruler

Sun Feb 28, 2016/Reuters By Felix Onuah The OPEC cartel needs to take action to stabilise the oil market because crude prices have fallen to “totally unacceptable” levels, Nigerian President Muhammadu Buhari said on Sunday. Nigeria, Africa’s biggest oil producer which earns around 90 percent of its foreign exchange earnings […]

Naira Slumps 20.69%, Trades N350 to Dollar

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday slumped 20.69 percent on Thursday following gains recorded earlier in the week reversing to trade N350 to a dollar, according to Cordros daily market update. The update affirmed that as at the time of its report, the naira in the interbank market […]