Bharat Petroleum and IOC launch LNG buy tenders - trade sources
MILAN India's Bharat Petroleum has launched a tender seeking three liquefied natural gas (LNG) cargoes in total for delivery in October, November and December, trade sources said.
ABUJA Nigeria's telecoms regulator has fined mobile operators MTN (MTNJ.J), Airtel and Globacom a combined 647.5 million naira and banned them from selling SIM cards in March due to poor service, it said on Thursday.
Globacom, which is owned by Nigerian billionaire Mike Adenuga, was fined 277.5 million naira, while South Africa's MTN and Airtel, which is owned by Bharti Airtel (BRTI.NS), were each fined 185 million naira, the Nigerian Communications Commission (NCC) said in a statement.
The NCC will charge each company 2.5 million naira for every day the fine is not paid after March 7, it said. The month-long ban on selling SIM cards in a country of around 170 million people could be the most damaging.
The penalties were imposed because the operators had failed to meet key performance indicators in January, the NCC said.
(Reporting by Camillus Eboh; Writing by Joe Brock; Editing by Greg Mahlich)
DUBLIN The limits of central bank largesse are set to be a hot topic in the coming week as global policymakers head to Washington for the annual International Monetary Find meetings and key data may harden the case for a tightening of U.S. monetary policy.
NEW YORK Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds.