CCI Rift settled as MTN pays N19 billion to CBN
South African telecommunications firm, MTN, has reached an agreement with the Central Bank of Nigeria (CBN) to resolve the dispute over illegal transfer of $8.1 billion out of Nigeria, its…
MTN Eyes Mobile Banking in Nigeria, to Apply for Payments Service License Soon
Nigeria’s leading telco, MTN, is gearing up to enter the Nigerian banking space. According to reports, the telco intend to apply for a payment banking license in the next few…
MTN’s Share Price Surges as CBN Reconsiders $8.1 Billion Sanction
The shares of MTN Group has risen by 5% following the news that Nigeria’s CBN is tracking back on the sanctions it placed on its Nigerian subsidiary last week. MTN…
MTN Takes CBN and AGF to Court Over Alleged Dividend Repatriation and Unpaid Taxes
The trouble seems to be far from over as Nigerian leading telecommunication company, MTN, has taken the Central Bank of Nigeria (CBN) and the office of the Attorney General of…
MTN takes N200bn loan from 12 Nigerian banks
MTN Nigeria has signed an N200 billion medium-term loan agreement with 12 Nigerian banks. FBN Quest is the facility agent of the loan deal which was signed on Wednesday. According…