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MTN pays Nigeria another N30b

MTN has made a payment of N30 billion ($98 million) to the Nigerian government in part settlement of a N330 billion fine imposed on the telecoms group for not disconnecting unregistered SIM cards, a source from MTN has said. Africa’s largest telecoms company has already...

MTN Fine: Reps Summon AGF, Shittu, NCC boss

...N330bn reduced fine has FG’s blessing, says PS Fuming members of the House of Representatives Committee on Telecommunications on Monday summoned the Minister of Justice and Attorney-General of the Federation, Mr. Abubakar Malami; and his Communications counterpart, Mr. Adebayo Shittu, over the negotiated settlement of...

FG Approves Cut in MTN Fine

….To Finish payment by 2019 The Federal Government has finally agreed to cut down the fine imposed on MTN Nigeria Communications following series of meetings and negotiations spanning almost 180 days from N1.04 trillion to N330 billion. Director, Public Affairs of the apex Communications regulatory agency,...

MTN Fine: N50bn Payment Not A Concessionaire Fee

Minister of Communications, Adebayo Shittu, has said the N50 billion fine paid by one of the telecommunication company operating in the country, MTN, was not a concessionaire fee, but part of the actual fine it supposed to pay to the Nigeria Communications Commission, NCC. He...