Business Hilights

Tracking Nigeria's Headline Business News Online

Senator Rafiu Ibrahim

Senate may cancel deal as CBN, MTN brush down $8.1bn fine to $52.6m

After several intensive engagements in Lagos between telecoms giant, MTN and the Central Bank of Nigeria (CBN), both bodies have in separate statements issued on Monday, disclosed that the they have agreed to $52.6m in settlement of the $8.1bn foreign…

MTN justifies twofold approach to its misunderstandings with CBN, AGF

…But prefers out of court settlement The leading telecommunications giant in Nigeria, MTN has given emphasis on what it described as twofold strategy to the ongoing differences between the company and two major government agencies, the Central Bank of Nigeria…

CBN, banks, MAN, others to discuss high interest rates at Senate panel today

Following the first shot fired by Senate President, Dr. Bukola Saraki during an interactive session with journalists in his country home recently, all is set for the Senate Committee on Banking, Insurance and Other Financial Institutions to seat in a…