BUSINESS
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MTN Ghana Raises $236 Million as It Misses Share Sale Target
MTN Group’s unit in Ghana raised 1.1 billion cedis ($236 million), selling about a third of the shares made available…
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Apple Announces Global Recall of iPhone 8 Due to Malfunction
Apple has announced a global recall of the iPhone 8 after it discovered that a “very small percentage” (obviously!) is…
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MMA2 posted losses for 12 years
The Murtala Muhammed Airport Two has been posting losses for the past 12 years, the Chairman, Bi-Courtney Aviation Services Limited,…
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UPDATE: MTN Nigeria replies CBN, refutes claim of illegal repatriation of $8.1 billion
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four…
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Denmark now net importer of oil
Denmark will presently have to get used to being a net oil importer according to figures released by Denmark’s energy…
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CBN slams N5.8bn fine on four banks, ask MTN to refund $8bn
The Central Bank of Nigeria (CBN) has ordered four banks namely Citibank, Diamond Bank, Standard Chartered bank and Stanbic-IBTC, to pay…
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NNPC to establish 200,000bpd condensate refineries
Nigerian National Petroleum Corporation says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per…
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Total oil tops gainers’ chart on NSE
Trading on Nigerian Stock Exchange (NSE) closed on a positive note on Tuesday, with Total Oil leading the gainers’ table.…
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Banks suspend BDCs’ accounts over tax remittance
Banks have placed a ‘Post no Debit’ notice on the accounts of some Bureaux de Change operators, demanding that they…
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MultiChoice appeals court judgement, insists on new tariff
The parent company of DSTV and GoTV, MultiChoice has appealed an interim court from the federal high court sitting in…
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