UPDATE 2-MTN swings to first annual loss in 20 years after Nigeria fine

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UPDATE 2-MTN swings to first annual loss in 20 years after Nigeria fine
March 03, 2017 *MTN's 2016 earnings hit by $1.1 bln Nigeria fine. JOHANNESBURG, March 2- Africa's biggest mobile phone operator MTN Group swung to its first annual loss in two decades on Thursday, hit by a regulatory fine in Nigeria and unfavourable currency moves but its shares soared after it kept a dividend. The fine by Nigeria, MTN's most lucrative but increasingly... Source: http://www.cnbc.com/2017/03/02/reuters-america-update-2-mtn-swings-to-first-annual-loss-in-20-years-after-nigeria-fine.html