Forex losses in Nigeria sends MTN shares in a nose dive
MTN Group has revised its estimate of unrealised foreign exchange losses in Nigeria, and said it’ll appeal a…
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Nigeria
Nigeria seeks approval to borrow $7.9 billion
Nigeria is seeking the approval of lawmakers to borrow $7.9 billion externally as part of a plan inherited from the…
Nigeria plans new FX rules in hopes of Naira reaching ‘fair…
Nigeria is planning to introduce new foreign exchange rules — including a crackdown on illegal currency trading —…
MTN restates Nigeria foreign-exchange losses, appeals tax…
MTN Group Ltd. revised its estimate of unrealized foreign-exchange losses in Nigeria, and said it’ll appeal a new…
Germany hungry for Nigeria’s gas
Germany is eyeing imports of natural gas from Nigeria in an effort to secure and diversify its energy supply,…
Nigeria’s $11bn victory shows importance of watertight…
In late October London’s High Court overturned an arbitration decision which had seen Nigeria liable for $11bn in…
IHS Towers Partners with Limitless Space Institute to…
IHS Holding Limited (“IHS Towers”), one of the largest independent owners, operators, and developers of shared…
Nigeria plans to tighten rules to curb raw mineral exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed…
Nigeria expecting $10bn inflows in weeks to stabilize naira…
Nigeria expects to receive $10 billion of inflows in the coming weeks that will help ease a liquidity crunch that’s…
Fifa U17 World Cup feature: Africa’s all-time greatest Fifa…
African countries have always been part of the Fifa U17 World Cup in all of its 38-year history and besides…
Nigeria targets 100% increase in revenue from telecom…
The federal government has said it hopes to increase its revenue coming from the telecommunications industry by…