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...Nigeria is PZ Cussons’ biggest single market....
...“Our model shows that the inflationary burden of a low carbon transition in Nigeria is at least four times greater than it is in the UK,” the report said....
...The removal of Nigeria’s years-long currency peg, which was aimed at allowing the naira to trade freely, had driven up operating costs for the company, said Karl Toriola, chief executive of MTN Nigeria....
...“It is a challenging market time, but Nigeria has a tendency to come back from the precipice....
...A few years later the family returned to Nigeria where Nwokorie grew up....
...“She was poorer in the UK than she was in Nigeria,” said one former cabinet minister....
...In countries as diverse as Nigeria, Bangladesh and Turkey, the surge has been far more acute, with increases ranging from 53 per cent to 425 per cent....
...Numbers of MoMo users, however, stayed flat at 60.5mn, partly because of currency volatility in Nigeria, where users fell about 39 per cent to 7mn....
Start-up backed by likes of Alameda Research is now set to cut a large number of its staff
...Nigeria Air will be entering a market where other national carriers on the continent have struggled to turn a profit in recent years....
...After a long restructuring to pay down debt and resolve problems in Nigeria, its biggest market, MTN is vying with South Africa’s market leader, Vodacom, to dominate an expansion in data networks that has...
...News round-up Financial Times mockingly ‘apologises’ to CNBC’s Jim Cramer in feud over inflation (New York Post) Bank of England warns Truss and Sunak over City regulation plans (FT) Nigeria’s president...
...Outside South Africa, Nigeria and Ghana are also fast-growing markets for this infrastructure....
...The grifter and the #GucciMaster Nigeria’s top cop has caught kidnappers, freed child hostages, and hunted assassins....
...In the six months to the end of June, IHS reported adjusted earnings before interest, taxes, depreciation and amortisation of $490m — dominated by the company’s main market, Nigeria, which is also MTN’s...
...Indeed’s figures showed the strongest interest was from countries such as India, South Africa and Nigeria, whose drivers could not take a job in the UK without lengthy retraining....
...The judge held Shell Nigeria liable for two pipeline spills that took place in the villages of Oruma and Goi between 2004 and 2005....
...“We think Nigeria is a huge data story,” he said. “There are still low levels of internet penetration which we believe we are well positioned to drive higher.”...
...When Wang Yi, China’s foreign minster, travelled to Africa in January, stopping in Nigeria, the Democratic Republic of Congo, Botswana, Tanzania and Seychelles, he made no additional commitments to deliver...
...Including Nigeria, the fall was 2 per cent. The drop in oil prices has crippled Nigeria’s budget and forced the Central Bank of Nigeria to devalue the naira twice this year....
...Now based in Sri Lanka, Delgoda began working for Liberty Commodities in the late 1990s, a role that saw him travel to far-flung locations such as Ukraine and Nigeria, where Gupta’s two brothers own a steel...
...Meanwhile, Glencore has been subpoenaed by the DoJ for documents relating to possible corruption and money laundering in Nigeria, the Democratic Republic of Congo and Venezuela....
...Mr Boyega, whose parents moved to the UK from Nigeria, is a vocal anti-racism campaigner....
...Dealmakers: Stripe has bought Paystack, a Nigeria-based payments company which has 60,000 customers, says TechCrunch....
...Between January and May, Nigeria’s federal government spent 72 per cent of its revenues on debt service....
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