Tag: South Africa

Nigeria open to deal with mobile group MTN over $3.9 bln fine

Wed Jan 27, 2016/Reuters By Alexis Akwagyiram Nigeria is open to an amicable out-of-court settlement with South Africa’s MTN over a $3.9 billion fine imposed on the cell phone operator, a top regulatory official said on Wednesday. This represents a thaw in a three-month standoff between Africa’s largest mobile operator […]

Nigeria’s Buhari to have final word on MTN’s $3.9 bln fine

January 26, 2016/Reuters Nigerian President Muhammadu Buhari will make the final decision on a $3.9 billion fine on South African cell operator MTN, the telecommunications minister said on Tuesday. Adebayo Shittu also told reporters that MTN might be advised to withdraw a court case filed against the fine. “If they […]

IMF Says Pickup in Global Growth Weak, Projects 3.4% in 2016

World Economic Outlook Update: Subdued Demand, Diminished Prospects-IMF IMF Survey-World Economic Outlook Update “We a k Pickup in Global Growth, w ith Risks P ivot ing to Emerging Markets”-IMF World Economic Outlook Update, January 2016: Infographics “Future Grwoth Rates By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has […]