Why MTN listing will be a game changer for Nigeria
16 May 2019 |
12:39 pm
MTN Group goes ahead with its Nigerian listing today with the price set at 90 naira. Joining CNBC Africa for more on the listing is Lanre Buluro, Director of Chapel Hill.
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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?
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Nigerians lined up on Thursday to withdraw cash on the first day that new 200, 500 and 1,000 naira notes starting circulating, but the notes were a rare sight as most of the money handed out remained in old bills that are being phased out, customers said.
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The Naira redesign and the facing out of the old N200, N500, and N1,000 notes by the CBN has continued to cause an uproar among the citizens as no one are not able to assess the new notes. Just a few days ago, security agencies raided spots across the country to arrest those keeping the new notes.
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Find these stories and much more when you grab a copy of The Guardian on Friday.
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The French-speaking province has become the latest wildfires hotspot in the country. Smoke from the fires has traveled as far away as New York, significantly hindering visibility and prompting air quality alerts.
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The European Commission hopes that pushing ahead long-brewing trade deals with Latin American governments can boost the EU.
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Feminists and human rights activists in Lebanon are speaking out against attempts to impose increasing restrictions on their lives in the name of "conservative values". This follows an attack on a woman at a beach in the southern city of Sidon, when an Islamic cleric and his followers told Mayssa Hanouni she didn't have the right to wear a bathing suit there before getting violent.
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