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Telecoms operator, MTN Group Limited, is planning to raise about N153bn ($500m) from the sale of shares in its Nigerian business during the first half of this year, fulfilling the terms of a deal struck with the country to settle a record fine, Bloomberg has reported, quoting people familiar with the matter.
Britain’s biggest lender, Lloyds Banking Group Plc, has disclosed that it would ban its credit card customers from buying crypto currencies.
The Ritz-Carlton in Saudi Arabia is to re-open within days after months of being used as a makeshift prison.
Saudi King on Monday swore in the new head of the National Guard, replacing a royal removed in a major crackdown described as an anti-corruption drive in the oil-rich kingdom.
The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup.
The 9mobile creditor banks are said to be trying to stabilise the business of the troubled country’s fourth largest telecoms group, until they can find new investors, First Bank said, adding that it saw no need to impair loans made to the company, because of its cash flows.
A mob lynched a woman in India after rumours circulated on WhatsApp about child kidnappers, police said Monday, days after the messaging firm said it was curbing the forwarding of messages.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Federal Government to immediately sign the Africa Continental Free Trade Area Agreement (AfCTFA) to make the economy more competitive.
A former Minister of Culture, Tourism and National Orientation in the administration of former President Goodluck Jonathan, Chief Edem Duke, has declared his intention to join the next governorship race in Cross River State come 2019.
Spanish public prosecutors said Monday they have asked that a probe into allegations FC Barcelona football club illegally bought a transplant liver for their cancer-stricken ex player Eric Abidal be reopened.
The All Progressives Congress (APC) has told the Peoples Democratic Party (PDP) to "stop shopping around for supporters" and channel its energy on the forthcoming 2019 general elections.
Nasararwa State Government has purchased more than 20,000 assorted trees seedling for planting to check environmental degradation in the state.
Somalia’s Islamist militant group al-Shabaab has captured a small but strategic town 100 km south of Bosaso city in the semi-autonomous Puntland region, a military officer, al Shabaab and residents said on Friday.
Vice President Yemi Osinbajo on Friday directed security agencies and relevant bodies to commence a 72-hour joint operation to restore order around Apapa and environs with a view to easing vehicular movement in that part of Lagos State.
Not less than 30 people were reportedly killed in the renewed attacks by bandits in Zamfara state on Tuesday.
The authorities of the Michael Okpara University of Agriculture, Umudike, Abia State, have been queried over alleged irregular expenditure of over N3 billion.