Following the Wednesday adjournment of the tax dispute lawsuit between Nigeria and telecommunications giant, MTN Nigeria, the shares of the company have dropped on Thursday to their lowest level since the firm was listed last May. Analysts said the court adjournment created uncertainty for investors as the tax dispute would continue to linger, Reuters reports.
MTN Nigeria listed with a valuation of N2 trillion, making it the second-biggest company on the Nigerian Stock Exchange. The listing came after the South African group resolved another dispute in Nigeria over unregistered SIM cards.
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$2 Billion Tax Dispute: Court Adjourns Tax Case Between MTN And Nigeria | Sahara Reporters$2 Billion Tax Dispute: Court Adjourns Tax Case Between MTNNG And Attorney General | Sahara Reporters ...the requested tax money was without merit, accusing the attorney general of exceeding his powers in making the request. READ MORE:
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$2 Billion Debt: Court Adjourns Tax Case Between MTN And Nigeria | Sahara Reporters$2 Billion Debt: Court Adjourns Tax Case Between MTNNG And Nigeria | Sahara Reporters The telecommunication company, however, claimed that the requested tax money was without merit, accusing the attorney general of exceeding his powers... READ MORE: Why They have to pay...
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$2 Billion Tax Dispute: Court Adjourns Tax Case Between MTN And Nigeria | Sahara Reporters$2 Billion Tax Dispute: Court Adjourns Tax Case Between MTNNG And Attorney General | Sahara Reporters ...the requested tax money was without merit, accusing the attorney general of exceeding his powers in making the request. READ MORE:
Source: SaharaReporters - 🏆 9. / 63 Read more »
$2 Billion Debt: Court Adjourns Tax Case Between MTN And Nigeria | Sahara Reporters$2 Billion Debt: Court Adjourns Tax Case Between MTNNG And Nigeria | Sahara Reporters The telecommunication company, however, claimed that the requested tax money was without merit, accusing the attorney general of exceeding his powers... READ MORE: Why They have to pay...
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$1.3bn Tax Assessment: witness’ absence stalls trial in MTN suit against AGF - Premium Times NigeriaA Federal High Court in Lagos on Wednesday adjourned until October 29 hearing in a suit filed by MTN Nigeria Communication Ltd
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$1.3bn Tax Assessment: witness’ absence stalls trial in MTN suit against AGFA Federal High Court Lagos Wednesday, adjourned until Oct. 29, hearing in a suit filed by MTN Nigeria Communication Ltd, against the Attorney-General
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