Wed Jan 27, 2016/Reuters By Alexis Akwagyiram Nigeria is open to an amicable out-of-court settlement with South Africa’s MTN over a $3.9 billion fine imposed on the cell phone operator, a top regulatory official said on Wednesday. This represents a thaw in a three-month standoff between Africa’s largest mobile operator […]
Frauds & Scandals
Nigeria’s Buhari to have final word on MTN’s $3.9 bln fine
January 26, 2016/Reuters Nigerian President Muhammadu Buhari will make the final decision on a $3.9 billion fine on South African cell operator MTN, the telecommunications minister said on Tuesday. Adebayo Shittu also told reporters that MTN might be advised to withdraw a court case filed against the fine. “If they […]
Dasukigate: Witnesses Reveal How They Exchanged $2m For Metuh
January 25, 2016/The Will Two witnesses presented by the Economic and Financial Crimes Commission, EFCC, in the commission’s prosecution of a N400m money laundering case against the Peoples Democratic Party, PDP, spokesman, Olisa Metuh, have told a Federal High Court in Abuja how the latter and his company, […]
