Tag: Reuters

BRIEF-MTN updates on the fine imposed on MTN Nigeria

Jan 22 MTN Group Ltd : * Further update on the fine imposed on MTN Nigeria * Judge adjourned matter to March 18, 2016 in order to enable parties to try and settle matter * If parties are unable to reach a settlement matter will then proceed on that date […]

S & P Says Nigeria will have to Gradually Devalue Naira in 2016

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Rating services firm, Standard & Poor’s said on Thursday Nigeria will have to devalue the naira at some point in 2016 and in gradual adjustments, according to a Reuters report. The report affirmed that investors have seen a devaluation of the naira as long overdue […]

AB InBev shortlists Asahi, ThaiBev for Peroni, Grolsch purchase: sources

Thu Jan 21, 2016/Reuters By Pamela Barbaglia and Saeed Azhar Japan’s Asahi Group Holdings (2502.T) and Thai Beverage (TBEV.SI) have made it through to the final stages of an auction to buy SABMiller’s (SAB.L) Peroni and Grolsch beer brands, several sources with knowledge of the matter said on Thursday. Private […]