Wed Mar 16, 2016/Reuters By Julia Payne Nigeria’s state oil company on Wednesday challenged official allegations that it had failed to remit 3.2 trillion naira ($16 billion) in revenues to the government in 2014 and said it only owed $1.64 billion. The auditor-general made the allegations in a report two […]
Tag: Reuters
Wall St. strengthens as Fed holds rates steady
Wed Mar 16, 2016/Reuters Wall Street gained on Wednesday after the U.S. Federal Reserve held interest rates steady as widely expected and signaled fewer rate hikes for the year. The Fed indicated that moderate U.S. economic growth and “strong job gains” would allow it to tighten policy this year with […]
South Africa’s MTN says Nigeria lifts suspension of regulatory services
Tue Mar 15, 2016/Reuters Nigeria’s telecoms regulator has restored “regulatory services” to MTN Group , the South African mobile phone operator said on Tuesday. The Nigerian Communications Commission prevented MTN from raising tariffs and launching promotions in October last year when it fined the company $5.2 billion for failing to […]
