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MTN Nigeria Communications Limited

NCC: MTN, CBN dispute will be over soon

The Nigerian Communications Commission (NCC) has assured that the dispute between South African telecoms giant, MTN, and the Central Bank of Nigeria (CBN) was being resolved and would soon be over.
Buhari Media Organisation (BMO)

MTN fine: BMO tells senate to face its core duties

The Buhari Media Organisation (BMO) has advised the Senate to desist from interfering with the executive in running of state affairs but to concentrate more on its duties of providing adequate legislation for the growth of the nation.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN hires 15 lawyers to challenge $8.1 billion demand by CBN

The Federal High Court in Lagos has fixed December 4, 2018, for hearing in the suit filed by MTN Nigeria Communications Limited to challenge the $8,134,312,397.63 being demanded by the Central Bank of Nigeria over the alleged forex remittances.
Standard Chartered Bank Nigeria

EFCC officials storm head office of Standard Chartered Bank

Officials of the Economic and Financial Crimes Commission (EFCC) stormed the headquarters of Standard Chartered Bank in Lagos on Friday.
Standard Chartered Bank Nigeria

Standard Chartered pledges sustained adherence to regulations

Standard Chartered Bank Nigeria Limited yesterday has promised to continue to conduct its and remain committed to carrying on our business in compliance with all relevant laws and regulations.

MTN: Central bank debits four banks N5.87 billion

The Central Bank of Nigeria has debited the four banks it sanctioned over the breaching of its capital importation policy of N5.87 billion.

MTN refutes claims of illegal repatriation of $8.1bn

MTN Nigeria has denied its involvement in the illegal repatriation of dividends worth $8.1bn between 2007 and 2015.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

Nigeria orders South Africa’s MTN to refund $8.13 bln

Nigeria's central bank has ordered South African telecoms giant MTN to refund $8.13 billion (6.96 billion euros) that it allegedly illegally repatriated and fined four banks involved in the transfer.

Court dismisses suit seeking revocation of MTN’s licence, N1.04trn fine

The Federal High Court in Abuja, on Friday, dismissed a suit seeking an order revoking the operating licence of the telecommunication company, MTN Nigeria Communications Limited, and another compelling it to pay to the Federal Government the total sum of N1.040trn imposed on it by the Nigerian Communications Commission as fine in 2015.

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