Why Was MTN Nigeria's Fine Reduced?
Communications Minister Adebayo Shittu has said that the U.S.$3.9 billion MTN fine imposed on the company for not blocking unregistered SIM cards, was slashed to U.S.$1.6 billion.
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Nigeria:
Why MTN Fine Was Reduced - Minister
Daily Trust, 14 June 2016
The Minister of Communications, Adebayo Shittu, has said that the N780billion MTN fine was slashed to N330bn to attract investors and give businesses confidence to invest more in… Read more »
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Nigeria:
Reps Summon Malami, Shittu Over MTN Fine
Daily Trust, 14 June 2016
The House of Representatives Committee on Communications has summoned the Attorney-General of the Federation and minister of justice, Abubakar Malami, and the minister of… Read more »
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Nigeria:
House Summons AGF, Ministers Over MTN Fine Reduction From N1.4 Trillion to N330 Billion
This Day, 14 June 2016
The House of Representatives has summoned the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, for explanation on the reduction of fine imposed on MTN… Read more »
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Nigeria:
Why MTN Will Rebound After N330 Billion Fine
This Day, 12 June 2016
With a reduced fine of N330 billion and a payment plan staggered over a period of three years, it will not be long before telecoms giant, MTN Nigeria, rebounds. Read more »
InFocus
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The telecom giant was fined U.S.$3.9 billion last year after failing to disconnect unregistered subscribers. Read more »
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The Nigerian Communications Commission says a team of federal negotiators is deliberating terms under which MTN will pay a balance of N730 billion in fines for failing to ... Read more »