Edition:
India

Alexis Akwagyiram

Political void crimps Nigeria's stocks, rattles investors

04 Jul 2019

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.

Political void crimps Nigeria's stocks, rattles investors

04 Jul 2019

* MSCI Nigeria index down 15% in 2019, defying frontier rally

Uber targets expansion in fast-growing West African markets

27 Jun 2019

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.

Nigerian court adjourns tax case between MTN and attorney general

26 Jun 2019

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.

Nigeria to shut bank accounts of firms which import FX restricted goods

14 Jun 2019

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.

Motorbike taxi firms rev up for race into West Africa

12 Jun 2019

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

Nigerian court blocks watchdog from replacing boss of oil firm Oando - document

04 Jun 2019

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.

Nigerian court dismisses oil export claims against Eni, Petrobras

08 May 2019

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.

Nigerian court dismisses oil export claims against Eni, Petrobras

08 May 2019

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.

UPDATE 2-South Africa's MTN registers Nigerian business shares before listing

07 May 2019

* Judge says MTN met deadline to file tax challenge (Adds details, quotes, background)

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