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Tag: Business

Sierra Leone: One man’s search for diamonds

During its 11-year-long civil war, Sierra Leone became famous for blood diamonds. Rebel and government groups fought brutally over diamond-rich territory in the north of the country and funded themselves […]

MTN forced to sell bonds following NCC fine

​MTN Group Limited is currently seeking fresh funds through the sale of bonds to offset a N330bn ($1bn) Nigerian fine, pay dividends and address capital expenditure. This came just as […]

Nigeria seeks another $21b loan from China

Nigeria is negotiation a $21 billion loan from China’s Eximbank as it grapples with a foreign exchange squeeze Budget minister Udo Udoma who presented the loan request, explained that the […]