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 […]
Tag: Nigerian Communications Commission
MTN drops lawsuit against Nigeria, pays $250 million toward fine
February 24, 2016/Reuters South African mobile phone operator MTN Group withdrew its lawsuit against Nigeria’s regulator over a $3.9 billion fine and paid $250 million toward a possible settlement. A judge in Lagos last month gave both parties until March 18 to reach a settlement, after MTN had asked the […]
South Africa’s MTN expects “reasonable” Nigerian fine – sources
Fri Feb 19, 2016/Reuters By Tiisetso Motsoeneng South African telecoms firm MTN Group could end up paying a “reasonable” amount following talks with the Nigerian authorities over a disputed $3.9 billion fine for failing to disconnect unregistered SIM card users, two sources familiar with the matter said on Friday. A […]
