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Nigeria: MTN Seeking 'Acceptable Solution' With Govt
Premium Times, 23 October 2018
Telecoms firm MTN says it is holding talks with Nigerian officials to find a "mutually acceptable solution" to a dispute over the alleged transfer of $8.1 billion. Read more »
MTN Still in Talks with Nigeria Over Demand for U.S.$8.1 Billion
Telecoms giant MTN has said that it is still engaging with Nigerian authorities to resolve a dispute over the repatriation of U.S.$8.1 billion which was allegedly taken out of the country.
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Nigeria: MTN Says Listing Plans Plagued By CBN, AGF Issues
Daily Trust, 29 October 2018
MTN Group President and CEO, Rob Shuter, has acknowledged that MTN Nigeria's plans to list on the floor of the Nigerian Stock Exchange (NSE) have been challenged by the recent… Read more »
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Nigeria: MTN - We Are Relying On Courts to Settle Nigerian Dispute
This Day, 30 October 2018
MTN Group, Africa's biggest mobile operator, will keep engaging with Nigerian authorities to resolve a $10.1 billion dispute with the west African country, but is putting its faith… Read more »
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Nigeria: Nigerian Operation Lifts MTN Subscribers to 225.4m in Q3
Leadership, 30 October 2018
Robust performance from Nigeria and Ghana operations have lifted MTN Group subscriber base to 225.4 million in the third quarter 2018 financial results ending September 30 released… Read more »
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Nigeria: MTN Grows Subscriber Base to 225.4m, Pledges to List On NSE
This Day, 30 October 2018
The MTN Group, Africa's largest wireless carrier, increased sales from operations by 10 per cent from a year earlier and added 2.5 million subscribers in the third quarter despite… Read more »
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Nigeria: Tax Audit - MTN Ignored Govt - Finance Minister
Vanguard, 24 October 2018
Against the backdrop of federal government's sanctions on MTN Communications Nigeria, over tax audit, payments and revenue repatriation, the Minister of Finance, Mrs. Zainab Ahmed,… Read more »
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Nigeria: $8.1bn MTN Sanction Is Hampering Investors' Confidence in Economy
This Day, 24 October 2018
The federal government yesterday admitted that the recent $8.1 billion fine imposed on MTN Nigeria and four other banks by the Central Bank of Nigeria (CBN) over foreign exchange… Read more »
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Nigeria: Nigeria's Clash With MTN Over $8.1bn Damaging - Govt
Leadership, 24 October 2018
Minister of Finance, Zainab Ahmed, yesterday disclosed that the country's regulatory clash with telecommunication giant, MTN, was "damaging." She however said the matter is being… Read more »
InFocus
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The Chartered Institute of Stockbrokers has urged the telecom giant, MTN, to properly iron out its regulatory issues before coming to the stock market for public offering to ... Read more »
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The telecom company has moved to protect its assets in Nigeria on behalf of its stakeholders, saying that it has decided to approach the country's courts to restrain authorities ... Read more »
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MTN Nigeria's troubles began when it was found that they didn't enforce the registration of SIM cards in the country. The registration, the government said, was one way in which to ... Read more »
