Tag: Reuters

NCC Says Yet to Receive MTN Payment

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Communications Commission (NCC) on Thursday said it’s yet to receive any payment from MTN Group following the fine slammed on the company, a Reuters report, quoted Tony Ojobo, spokesman for the Commission. This is coming on the heels of reports quoting MTN that […]

Wall Street gains as factory data shines amid oil gloom

Thu Feb 25, 2016/Reuters By Abhiram Nandakumar Wall Street was little changed in choppy trading on Thursday, breaking away from sliding oil prices, as strong U.S. durable goods data pointed to a recovery in the struggling manufacturing sector. Orders for U.S. durable goods rose more than expected in January, as […]

African Development Bank sets coupon rate of $1 bln bond at 1.125 pct

Thu Feb 25, 2016/Reuters The African Development Bank has priced a three-year $1 billion global benchmark due on 4 March 2019 at a coupon of 1.125 percent, the AFDB said on Wednesday. The lead managers of the bank’s first USD global benchmark for 2016 are BNP Paribas, HSBC, JP Morgan […]