Friday, 27th January 2023
<To guardian.ng
Search

MTN moves to secure assets in Nigeria

By CNBC
12 September 2018   |   5:30 am
South African Telecoms firm, MTN Group says it has applied to Nigeria's High Court to restrain the country's Central Bank and the Attorney General from taking further action over its assets in Nigeria.

Related

23 Jul 2021
The Biovac Institute reached a deal with Pfizer to prepare and deliver vaccine doses for the continent. It comes amid an increase of cases in Africa, where just 2% of the population have received a first dose.
21 Sep 2021
South Africa's top court denies an application by Jacob Zuma to rescind his 15-month jail sentence. In a scathing rebuke, it accuses the former president of "litigious skullduggery". Also, virologists believe that a new treatment approved by the US FDA is a cure against Ebola. And more than 400 trucks sent by the UN to the Tigray region of Ethiopia have disappeared. The World Food Programme says that's having a direct impact on its humanitarian response in the area.
25 Sep 2021
In the first edition of our new fact-checking show Truth or Fake, we focus on Afghanistan. A photo purportedly showing the new Afghan central bank chief has gone viral on social media; we show you how our Observers team debunked the image. Meanwhile, we demonstrate how widely shared images of alleged recent violence in Afghanistan's Panjshir Valley, attributed to the Taliban, actually come from a 2018 film.
15 Oct 2021
The ex-apartheid fighters locked the ministers in a hotel room after failed talks over a compensation deal. Police arrested a total of 56 people after the incident.
17 Oct 2021
The ex-apartheid fighters locked the ministers in a hotel room after failed talks over a compensation deal. Police arrested a total of 56 people after the incident.
24 Oct 2021
The Groote Schuur Hospital in Cape Town, South Africa, is set to become the first state hospital in Africa to perform robotic-assisted surgery, following the launch of the state-of-the-art Da Vinci X-I surgical robot.⁣⁣ The four-armed robot will aid surgeons in carrying out complex surgeries on patients in a less invasive and shorter period of time.⁣⁣
26 Nov 2021
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
29 Nov 2021
South African papers vent their frustation over travel bans imposed after the country detected a new coronavirus variant. For l'Humanité, the Omicron variant is proof that "vaccine access for all is a global emergency". Other French papers examine the crisis in Guadeloupe and Martinique, puzzled by a proposal to give the territories more autonomy. Plus, a snow storm strands 61 people in a UK pub - a reminder that some lockdowns can be fun!
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
9 Dec 2021
Blaming South Africa for the new COVID-19 variant is wrong. A global crisis needs a global response, says DW's Sertan Sanderson. Instead of finger-pointing and isolation, there should be more solidarity.
2 Jan 2022
A fire erupted at the South African parliament in Cape Town on Sunday, with media coverage showing flames coming from the roof of the building and a plume of smoke that could be seen from some miles away. It wasn't immediately clear if anyone was in the building. The fire was on the third storey of the building and initial reports indicated that it started in the office space and spread towards a gym, said Jean-Pierre Smith, a Cape Town mayoral committee member responsible for safety and security.
4 Jan 2022
Fire reignites at South African Parliament a day and a half after flames first broke out. A man is due in court this week in connection to the devastating blaze. The Sudanese army's power has grown following the resignation of civilian transitional PM Hamdok over the weekend. Generals now have sole governing authority as fatal tensions continue to deepen. And Kenyan conservationist Richard Leakey dies aged 77, after spending a life defending his country's endangered wildlife.