MTN 'pays Nigeria To End Dispute' - Politics - Nairaland
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| MTN 'pays Nigeria To End Dispute' by lovetterrison(m): 2:44pm On Feb 24, 2016 |
Africa's mobile phone giant MTN says it has paid Nigeria $250m (£180m) to end a legal dispute over its failure to cut off unregistered users, AFP news agency reports. "Pursuant to the ongoing engagement with the Nigerian Authorities, MTN Nigeria has today made a... good faith payment of 50 billion naira ($250m)," MTN said in a statement, it reports. Nigeria's telecom regulator had initially fined the South African-owned firm $5.2bn, but the amount was later brought down to $3.9bn. The Nigerian Communications Commission (NCC) has not yet commented. http://www.bbc.com/news/live/world-africa-35648553
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| Re: MTN 'pays Nigeria To End Dispute' by LRNZH(m): 2:45pm On Feb 24, 2016 |
Ehen! A new A new General is in town. Nigeria's rule of law must be followed. MTN and other coys should learn from this. cc: Lalasticlala 2 Likes |
| Re: MTN 'pays Nigeria To End Dispute' by Mynd44: 2:49pm On Feb 24, 2016 |
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