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

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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...

OPEC-led attempt for oil-cut deal under way, prospects slim

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OPEC is renewing efforts among members and producers from outside the group for a deal to fix an oil glut and boost prices, but...

What have exchange rates done to your GDP ? SA is...

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A couple of years ago – I did a summer mash-up comparing continental, country and US state GDP.  I argued that even with a...

Be accountable to the people – Obasanjo tells legislators

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Former President Olusegun Obasanjo says both the legislative and the executive arms of government must accept responsibility for past actions that have virtually brought...

Toyota eyes Daihatsu buyout, denies Suzuki tie-up talks

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Toyota Motor Corp (7203.T) said it was considering buying out the rest of minivehicle maker Daihatsu Motor Co (7262.T), a $3.2 billion deal at...

Nasdaq to provide SMARTS Market Surveillance technology to Nigerian Stock Exchange

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Nasdaq (Nasdaq:NDAQ) and the Nigerian Stock Exchange (“The Exchange” or “NSE”) have announced that NSE, which services the largest economy in Africa, will acquire...

Nigeria plans to recover $750m looted by ex-president Abacha

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The Nigerian government has disclosed plans to recover at least $750 million in funds looted by former head of state, general Sani Abacha, a...

Buhari goes to Kenya

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Nigeria President Muhammadu Buhari on Wednesday departed for Kenya on a 3-day state tour where he will join his host, President Uhuru Kenyatta for...

FG urged to tax more Nigerians

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The Federal Government has been urged to tax more Nigerians in order to generate enough revenue to fund the 2016 budget. Nigeria’s foremost Civic Technology...

Nigeria stocks end five-day rally as investors book profit

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Nigerian stocks ended a five-day rally to fall 0.55 percent on Tuesday as investors booked profits from recent gains, traders said. The index, which has...