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Nigeria resolves $8bn row with MTN
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Nigeria resolves $8bn row with MTNIt seems the Nigerian Central Bank has got an axe to grind with SA Companies who should rather be staying away from Nigeria... I’m not sure the beef with SA companies but for sure MTN is being extorted by Nigerian authorities and it has to stop. In the end it will affect Nigeria much more than MTN in the long run. MTNza mist divest in AsoRock and head to the East. That would be a good business move because Nigeria has already made things difficult for them to continue operating business in that tight environment. No matter what they will always be used as cash cow by Nigerian government.
Source: ewnupdates - 🏆 30. / 53 Read more »
How Nigeria hung up on MTNJust when it seemed as though the worst was over for MTN, the group’s most important market came back to bite it. Just love how Nigeria grabs MTNNG by the nutts. Unlike our impotent gov all talk but can't even drop data prices
Source: SowetanLIVE - 🏆 13. / 63 Read more »
End to Nigerian dispute lifts MTN sharesMTN announced on Monday that it would pay just $52.6 million to end the dispute in Nigeria. Finally 👏🏾👏🏾
Source: ewnupdates - 🏆 30. / 53 Read more »
Nigeria resolves $8 bln row with MTNNigeria said it has resolved a dispute with Africa's largest mobile operator over $8.13 billion which it accused MTN of illegally repatriating to South Africa. Nigeria is the most xenophobic country in Africa, holding all South African companies hostage in their shithole, They don't do that to American companies Nigerian government has MTNNG by their balls, fine after fine. How much fines have they paid since they started operating in Nigeria?
Source: SowetanLIVE - 🏆 13. / 63 Read more »
MTN resolves Nigeria disputeMTN had been accused of endangering Foreign Exchange Reserves by taking the money out of the country. They must also resolve high data price
Source: ewnupdates - 🏆 30. / 53 Read more »
MTN settles with Nigerian central bank on $8.1bn disputeMTN has reached a settlement with the Central Bank of Nigeria on an $8.1bn dispute relating to funds repatriated between 2007 and 2015. Fin24 Eish and we South African customers will pay the bill via data and call rates. Fin24 mtn should be cut off as a network they are a crap network and im going to change to telkom mobile😡
Source: News24 - 🏆 4. / 80 Read more »
MTN gets time to reach Nigerian dealThe adjournment came at the request of the central bank and MTN lawyers
Source: BDliveSA - 🏆 12. / 63 Read more »
Adjournment of court case is 'positive' sign for MTNNigerian judge adjourns hearing over dispute between MTN and central bank until January
Source: BDliveSA - 🏆 12. / 63 Read more »
MTN, Nigerian central bank dispute will be over 'very soon' - regulatorThe dispute is over the transfer of $8.1 billion of funds which Nigeria’s central bank said the company had sent abroad in breach of foreign-exchange regulations.
Source: ewnupdates - 🏆 30. / 53 Read more »