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DHT Holdings: Scrubber Economics Firm despite Bans

…As MTN may rake in $600m from sale of Jumia shares*** The recent move by various countries to ban...

Arrest Warrant against Polaris Shipping CEO Denied, Former Employee Detained

…As MTN protests shutdown of facilities by Kogi govt.*** The warrant of arrest requested against Kim Wan-joong, the CEO of South...

MPC retains MPR at 14% amid rising global, domestic risk

…As CBN defends Forex restriction on 42 items; Confirms resolution of impasse with MTN *** The Monetary Policy Committee...

Alleged $48.4m fraud: Court seizes 38 houses from ex-NSITF boss

…As CBN, MTN Nigeria reach truce over $8.1b remittance*** A Federal High Court has ordered the interim forfeiture of more...

FIRS generates N5trn revenue

...As Court adjourns MTN, CBN $8.1b dispute case to next year*** The Federal Inland Revenue Service (FIRS) generated N5 trillion in the second week...

Rep alleges plot to impeach Osinbajo over NEMA scam

...As CBN, MTN agree out-of-court settlement over $8.1bn repatriation*** A member of the House of Representatives, Mr. Emmanuel Ehiozuwa Agbonnayinma, has alleged a subterranean plot...

NDLEA uncovers 340 million Tramadol tablets, in 12 containers

...As BMO tells senate to face its core duties, not dabble into $8bn MTN Fine The National Drug Law Enforcement Agency (NDLEA) says it has...

Senate, executive may clash again over MTN’s $8.1bn fine

...As EFCC intercepts N211m worth of gold at Lagos airport*** The lingering face-off between the Senate and the executive arm of the government may...

US unleashes “toughest ever” sanctions on Iran

...Consul-General says, America’s $1.3b investment threatened*** The US unleashed its "toughest ever" sanctions against Iran on Monday, a move that has already sparked mass...

$18b: MTN seeks fair deal

...N5b limit for presidential bid spending*** Telecoms firm MTN is holding talks with Nigerian officials to find a “mutually acceptable solution” to the dispute over...
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