in Short
Nigeria MTN announces $ 1.6 billion investment
South African telecommunications giant MTN has announced that it will invest $ 1.6 billion (1.45 billion euros) in Nigeria after a series of legal problems between the company and Africa’s largest economic power . The announcement was made late Wednesday evening by MTN leaders during a meeting with Nigerian President Muhammadu Buhari in Abuja, the group said in a statement. « In keeping with its ongoing engagement with Nigeria, MTN announced a $ 1.6 billion capital investment program over the next three years to strengthen and develop its network and operations in the country, » indicates the company.