Tag: MTN Group

MTN Says May List on Nigeria Bourse after Fine Resolution-Reuters

By InvestAdvocate Lagos (INVESTADVOCATE)-The MTN Group said it may list its Nigerian unit shares on the Nigerian Stock Exchange (NSE), according to a Reuters report on Thursday. The report said the listing maybe considered after the company has resolved the dispute surrounding the $3.9 billion fine with Nigerian authorities, quoting […]

Nigeria to start new talks on $3.9 billion MTN fine ‘very soon’: minister

Wed Mar 2, 2016/Reuters By Alexis Akwagyiram Nigeria will start new talks with South African mobile phone operator MTN “very soon” to settle a dispute over a $3.9 billion fine but the final decision rests with President Muhammadu Buhari, the communications minister said. Last week, MTN said it had withdrawn […]

NCC Says Yet to Receive MTN Payment

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Communications Commission (NCC) on Thursday said it’s yet to receive any payment from MTN Group following the fine slammed on the company, a Reuters report, quoted Tony Ojobo, spokesman for the Commission. This is coming on the heels of reports quoting MTN that […]