By InvestAdvocate Lagos (INVESTADVOCATE)-South African telecoms firm, MTN Group has offered $1.5 billion to settle a $3.9 billion fine slammed on it by the Nigerian Communications Commission (NCC) for not complying with the deadline to disconnect unregistered SIM card users, according to a Reuters reporting quoting a document sighted. MTN […]
Tag: Reuters
Nigeria aims to end refined petroleum imports within 18 months
March 8, 2016/Reuters Nigeria, Africa’s top oil producer, wants to remove the need for imported petroleum products within 18 months, Minister of State for Petroleum Emmanuel Ibe Kachikwu said on Tuesday. Nigeria’s four refineries have never reached full production because of sabotage and poor maintenance, causing the country to rely […]
MTN in talks with Nigeria regulator to cut $3.9 bln fine and plan payment – Buhari
Tue Mar 8, 2016/Reuters South African telecoms company MTN is in talks with Nigeria’s telecoms regulator to reduce the $3.9 billion fine imposed for its failure to disconnect unregistered sim cards and arrange gradual payment, President Muhammadu Buhari said on Tuesday. The Nigerian president made the comment at a joint […]
