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.                

  • 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 »

(file photo).

InFocus

Follow AllAfrica

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.