Tag: South Africa

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 Last week, MTN said it had withdrawn […]

South Africa’s Clover says will no longer invest in Nigeria

Wed Mar 2, 2016/Reuters South Africa’s Clover Industries will no longer invest in Nigeria due to a financial crisis there, the dairy products company said on Wednesday. “The current financial crisis experienced in Nigeria which is fuelled by the low oil price is a further cause of concern, thus the […]

SEC Targets More Retail Investors

March 1, 2016/SEC The Securities and Exchange Commission (SEC) has said that the Commission aims to attract more retail investors into the Nigerian capital market in its determination to deepen and develop the market.   Director General of the SEC, Mounir Gwarzo stated this when the Commission received members of […]