A Nigerian judge ruled on Tuesday that South African telecoms firm MTN had met a deadline to respond to a $2 billion tax demand from the country’s attorney general. Reuters
Lottery firm, Western Lotto has empowered over 2,000 Nigerians with N82 million since it commenced operation barely two months ago. Managing Director, Mr Yomi Ogunfowora, who disclosed this in Lagos recently stated that the term of reference of Western Lotto is to bring fun and hope to the Nigerian public. “We bring to Nigerians consumer […]
South Africa’s MTN Group has resolved a dispute with Nigeria’s central bank and made a $53 million payment, the telecoms company said in a message posted on Twitter on Monday. Nigeria’s central bank had said $8.1 billion in dividends paid by MTN Nigeria to its parent company between 2007 and 2015 and sent back to […]
The Naira on Wednesday appreciated against the dollar at the inter-bank market, the News Agency of Nigeria (NAN) reports. The Nigerian currency gained 50k to close at N304.50 compared to N305 it traded on Tuesday. At the Bureau De Change (BDC) window, the Naira was sold at N400 CBN controlled rate, while the Pound Sterling […]
