LONDON/LAGOS The failure of Nigeria's president to appoint a cabinet four months after winning a second term has stymied the country's stock market, prompted foreign investors to trim holdings and threatened growth prospects for Africa's largest economy.
* MSCI Nigeria index down 15% in 2019, defying frontier
LAGOS Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said on Thursday.
LAGOS A Nigerian judge on Wednesday adjourned until Oct. 29 a case to resolve a $2 billion tax dispute between South African telecoms company MTN Group and Nigeria's attorney general.
LAGOS, June 14 Nigeria's central bank said on
Friday it will close the bank accounts of firms caught smuggling
into the country any goods for which access to foreign exchange
has been restricted.
LAGOS Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world. | Video
LONDON/LAGOS A federal court in Lagos on Monday blocked Nigeria's financial watchdog from replacing Oando's chief executive and taking other action against the oil firm, pending further hearings on the case, according to a court document seen by Reuters.
LAGOS A Nigerian court on Wednesday dismissed government claims that subsidiaries of Eni and Petrobras illegally exported crude oil to the United States, but a lawyer representing authorities in the West African country said an appeal had been launched.
LAGOS, May 8 A Nigerian court on Wednesday
dismissed government claims that subsidiaries of Eni and
Petrobras illegally exported crude oil to the United States, but
a lawyer representing authorities in the West African country
said an appeal would be launched.
* Judge says MTN met deadline to file tax challenge
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