MTN is the market leader in Nigeria’s mobile-phone marketMTN Group Ltd.’s biggest market is now its worst headache.Nigeria’s telecommunications regulator (NCC) last week slapped the mobile-phone operator with a $5.2 billion fine, wiping almost 20 percent off its market value over the space of four days. There is a lot …
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Billionaire, Deinde Fernandez is dead
One of Nigerias reclusive Billionaire, Oluwo Antonio Deinde Fernandez is dead, aged 79 years. Chief Antonio Oladeinde Fernandez (born 1936) is a Nigerian Business magnate, Diplomat and Permanent Representative of Central African Republic to the United Nations. He is one of the richest men in Africa. Announcing his demise in …
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