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$8.1bn: Court adjourns hearing in MTN, CBN suit till Jan – Daily TrustA Federal High Court in Lagos, Wednesday, adjourned till January 22, 2019, for report of settlement of the dispute between MTN Nigeria and the Central Bank of Nigeria (CBN) over the controversy surrounding the alleged repatriation of $8.1bn profits from Nigeria by the telco giant. At the resumed hearing of the matter, yesterday, the lead …
Source: Daily Trust - 🏆 13. / 51 Read more »
$8.1bn repatriation: CBN, MTN settle out of courttrolls_queen Please can we be informed of the settlement terms.
Source: MobilePunch - 🏆 8. / 63 Read more »
CBN Reverses Directive on $8.1bn MTN Refund - THISDAYLIVEInsists there were infractions but assures investors of integrity of CCIs Obinna Chima and Emma Okonji The Central Bank of Nigeria (CBN) yesterday said it had reversed its sanction on MTN Nigeria Limited, imposing a refund of $8.1billion the telecom company had remitted abroad in violation of foreign exchange remittances law of the country. The … Lol...Christmas gifts exchange? It's all good and the season of goodwill
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
No Agreement Yet With MTN On $8.1bn Forex Remittances Infractions – CBNThe counsel to the Central Bank of Nigeria (CBN) in the suit filed by MTN Nigeria Communications Limited to challenging the $8.1billion fine imposed on it by the apex bank yesterday told the Federal High Court in Lagos that the parties are yet to agree on an out of court settlement on the matter. The […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
$8.1bn reparation: Judge gives MTN, CBN more time to settleA Federal High Court in Lagos, on Wednesday granted MTN Nigeria Communications Ltd, and the Central Bank of Nigeria (CBN) till January 22 MTN should pay up and stop all these delay tactics. They make more than this money from 🇳🇬 annually!
Source: TheNationNews - 🏆 6. / 69 Read more »
$8.1b dispute: Court adjourns MTN, CBN case to next year - The Nation NigeriaA Nigerian judge adjourned yesterday a hearing over an $8.1 billion dispute between South African telecoms giant MTN and the central bank until Jan. 22. The dispute is over the transfer of $8.1 billion of funds which Nigeria’s central bank said the company had sent abroad in breach of foreign-exchange regulations. MTN has denied any wrongdoing.Read More
Source: TheNationNews - 🏆 6. / 69 Read more »