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$8.1bn Fund Transfer Deal Struck By CBN, MTN

$8.1bn Fund Transfer Deal Struck By CBN, MTN   MTN Group Limited is close to securing a deal with the Central Bank of Nigeria over an order to repay $8.1bn it is alleged to have illegally taken out of the country, according to a person familiar...

Emefiele To Meet Banks, MTN Over $8.1bn Repatriated Funds Dispute

Emefiele To Meet Banks, MTN Over $8.1bn Repatriated Funds Dispute   The Governor of the Central Bank of Nigeria, Godwin Emefiele, will meet with the representatives of telecommunications company, MTN, and four banks on Tuesday to discuss the lingering dispute over the repatriation of $8.1bn, two...

CBN Demands 15% Interest On $8.1bn MTN Refunds

CBN Demands 15% Interest On $8.1bn MTN Refunds   The Central Bank of Nigeria has asked the court not to grant an injunction that will stop the MTN Group from transferring the disputed $8.1bn back to the country, and wants the company to pay 15 per...