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Nigeria

MTN Group CEO resigns over hefty Nigerian fine

November 9, 2015 Steven Addamah 0

MTN Group President and Chief Executive Officer, Sifiso Dabengwa, resigned on Monday morning as the telecoms firm continued talks with the Nigerian government over a […]

Nigeria: South Africa’s MTN renews operating license for $94.2 m

November 3, 2015 Geraldine Boechat 0

MTN Group Ltd., the South African mobile-network operator, which is facing a $5.2 billion fine on Tuesday said the Nigerian regulator has renewed its operating […]

Sudan: Nigerian diplomat to head Darfur peacekeeping mission

October 28, 2015 Geraldine Boechat 0

The United Nations and African Union on Tuesday appointed a Nigerian diplomat as new head for the hybrid peacekeeping mission in Darfur (UNAMID) together with […]

Nigeria: MTN fined $5.2 billion over unregistered SIM cards

October 28, 2015 Steven Addamah 0

The Nigerian Communications Commission (NCC) has issued a landmark fine of $5.2bn against MTN Nigeria, the largest mobile network operator in the country for failing […]

Nigeria to build 30 refineries close to the state-run units

October 23, 2015 Khalid Al Mouahidi 0

Nigeria has granted 30 construction licences to private refineries in order to cut the country’s reliance on imports. According to the Vice President, Yemi Osinbajo, […]

Nigeria: IMF urges central bank to review forex policy

October 12, 2015 Khalid Al Mouahidi 0

The African Department Director at the International Monetary Fund (IMF) Antoinette Sayer has called on the Central Bank of Nigeria (CBN) to review its foreign […]

Nigeria: Buhari names 21 ministers in long-awaited cabinet

October 7, 2015 Khalid Al Mouahidi 0

Nigeria’s Senate announced Tuesday the names of 21 nominees for President Muhammadu Buhari’s new cabinet. Senate President Bukola Saraki, reading out Buhari’s list, which needs […]

Three Africans make Bloomberg’s list of top 50 personalities globally

October 6, 2015 Khalid Al Mouahidi 0

Three Africans, including the Nigerian Aliko Dangote, Africa’s richest man and President of the Dangote group, were listed among the 50 most influential global personalities […]

UK crime agency seizes $ 41,000 from Ex-Nigerian oil minister

October 6, 2015 Khalid Al Mouahidi 0

Britain’s National Crime Agency (NCA) obtained court permission on Monday to temporarily seize $41,000 from a former Nigerian oil minister embroiled in a financial scandal, […]

Nigeria: Central Bank to retain forex controls amid slow growth

October 1, 2015 Steven Addamah 0

Nigeria’s central bank plans to retain foreign currency controls because of concerns about slowing growth rate, a senior bank official said on Wednesday as Africa’s […]

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