Thursday, September 6, 2018

Video - MTN woes over massive fine imposed by Nigeria

In 2015 MTN was slapped with a $5.2b fine for failing to register SIM cards on time in Nigeria. MTN eventually paid a reduced $1.7b to Nigerian authorities in late 2017. But the Nigeria Central Bank is now demanding a further $8b; this time for dividends it claims shouldn't have been taken out of the country.

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