February 24, 2016/Reuters South African mobile phone operator MTN Group withdrew its lawsuit against Nigeria’s regulator over a $3.9 billion fine and paid $250 million toward a possible settlement. A judge in Lagos last month gave both parties until March 18 to reach a settlement, after MTN had asked the […]
Tag: President Muhammadu Buhari
Naira now 300/dollar as forex supply slows
February 25, 2016/Punch By Oyetunji Abioye The naira rose further on Wednesday against the United States dollar at the parallel market to 300 from 310 on Tuesday. The local currency, which closed at 391 against the greenback last Thursday, had risen to 375 and 310 on Monday and Tuesday, respectively. […]
Nigeria’s FRSC and her penurious N58m media budget
February 23, 2016 By Phrank Shaibu In Nigeria, road safety is still a very complicated, highly misunderstood and an under addressed issue. The reasons are very many but they all hang on a long chain of non appreciation of the magnitude of the problem as a major disaster which claims […]
