GUARDIAN
Airtel’s $9Bn ‘Project Leap’ to Reinforce Network
BHARTI Airtel has reportedly announced a $9.04 billion network expansion plan to drive mobile broadband access to villages and fixed broadband to towns across Asia and Africa over the next three years.[Read More…]
‘Why govt reduced MTN’s fine to N674b’
ALTHOUGH it got a major respite in its effort to get the $5.2 billion (N1.04 trillion) fine reduced, MTN Nigeria, has, however, lost its indigenous Chief Executive Officer (CEO), Michael Ikpoki, and its Corporate Service Executive, Akinwale Goodluck. [Read More…]
VANGUARD
ICF seeks utilisation of coaching to drive national devt
International Coaching Federation, ICF has called for full utilisation of life and corporate coaching to instill values in leadership and drive national development.[Read More…]
Nigeria earned $293bn royalty from oil and gas companies in 7 yrs—NEITI
LAGOS — Acting Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Orji Ogbonnaya Orji, has disclosed that 42 oil and gas companies operating in the country paid a total of $293 billion to the Federal Government between 2006 and 2012.[Read More…]
TRIBUNE
No Plan To Stop N18,000 Minimum Wage – NGF Chair
Following the imminent showdown between labour unions and state governors over the plan to reduce the minimum wage,Governor of Zamfara state and chairman of the Nigerian Governors Forum (NGF) Abdul’aziz Yari yesterday disclosed that governors of the 36 states of the Federation have no plans to stop the payment of N18,000 minimum wage to workers.[Read More…]
THE NATION
Naira crashes to N246 in unofficial market
The naira, yesterday, fell 1.22 per cent against the dollar on the unofficial market as 1,700 bureaux de change (BDC) operators failed to get dollar supply at a Central Bank of Nigeria (CBN) sale due to incomplete documentation.[Read More…]
Sweden, Switzerland promise support for infrastructure, others
Governments of Sweden and Switzerland have pledged their support for the development of Nigeria’s power and infrastructure sectors. The Ambassador of Switzerland to Nigeria, Mr. Eric Mayoraz, and his Swedish counterpart, Mr. Svante Kilander, pledged the support when they accompanied the Managing Director of ABB in Nigeria, Mr. Mohammed Hosseiny, on a courtesy visit to Vice President Yemi Osinbajo.[Read More…]
REUTERS
Global stocks hit, euro shines after ECB wrong-foots traders
Asian shares joined a global markets slump on Friday after the European Central Bank’s stimulus package fell well short of markets’ high expectations, sending the euro rocketing to its biggest one-day surge in nearly seven years.[Read More…]
U.S. November employment report seen cementing rate hike
U.S. job growth likely remained solid in November in a show of the economy’s resilience, which could pave the way for the Federal Reserve to raise interest rates this month for the first time in nearly a decade.[Read More…]
BLOOMBERG
UBS Announces $16.1 Billion Bond Buyback After New Capital Rules
UBS Group AG said it will buy back about 16 billion francs ($16.1 billion) of its own bonds, some of which will no longer count toward its capital after new Swiss rules come into effect in 2019.[Read More…]