NCC To Audit Glo, MTN Others On SIM Card Registration
The Nigerian Communications Commission says it will soon begin auditing the process of Subscriber Identification Module registration adopted by mobile telecommunications operators including MTN Nigeria Communications Limited, Globacom, Airtel, 9Mobile and Ntel.
A statement issued by...
SEC Awaits Telcom Giant, MTN’s Application To List On NSE
The Securities and Exchange Commission (SEC) last Friday said it was still awaiting the formal application of telecommunication giant, MTN to list its shares on the Nigerian Stock Exchange (NSE).
The telco recently said its shares...
MTN, Uganda in bitter quarrel
President Yoweri Museveni of Uganda is at a crossroads following the falling out between the country’s biggest telecom, MTN and authorities.
Uganda, last Thursday arrested and deported of the company’s chief executive, Belgian national Wim Vanhelleputte.
The president has to juggle between...
$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
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
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...
