Tag: Fine
Why we reduced MTN’s fine – Minister
Mr Adebayo Shittu, Minister of Communications has disclosed that the $5.2billion fine slammed on telecommunication giant, MTN, was reduced to…
MTN agrees to pay Nigeria N330bn fine
mtn MTN Group has agreed to pay a reduced fine of 330 billion naira ($1.67 billion) in a settlement with…
Deal or No Deal? MTN, NCC yet to agree
MTN Nigeria has said that reports making round on the company’s final settlement of the N780 billion fine was false.…
MTN proposes N300bn settlement for NCC fine
African telecommunication giant, MTN has offered to pay 300 billion naira ($1.5 billion) to settle a record fine levelled against…
NCC confirms MTN has paid $250m
Nigeria’s communications commission said on Monday South African cellphone network operator MTN has paid $250 million towards a possible settlement…
$3.9bn Fine: MTN hires top US attorney to challenge Nigeria
MTN Group has hired a former top United States law enforcement official to help challenge a $3.9 billion fine imposed…
Cameroon fines Orange, MTN $160million
The local units of mobile telecom companies Orange and MTN in Cameroon have been fined over $160 million for failing…
NCC expecting MTN’s $3.9b cheque, minutes to deadline
With minutes away from the December 31 deadline, Nigeria said it was expecting telecoms giant MTN to meet a deadline…
MTN’s fine reduced to N780bn not N674bn – NCC
MTN has received a second letter from Nigerian Communications Commission (NCC) notifying the telecommunication outfit that its fine was reduced…
Business, Headlines, Metro, News
Nigeria slashes MTN fine to $3.4 billion
Nigerian telecoms authorities have reduced by a more than third a $5.2 billion fine imposed on South African mobile phone…
Business, Headlines, Metro, News
MTN’s $5.2bn fine, largest in the world – Analysts
Nigeria’s fine of $5.2 billion (N1.04 trillion naira) to MTN, Africa’s largest telecommunications company, is billions more than any company…
More troubles for MTN as Uganda fine telco $622,000
It is not only in Nigeria that MTN has run foul of the rules. It is also in hot water…
Business, Headlines, Metro, News
MTN asks Nigeria to spread payment of N1trn fine
South Africa’s mobile phone giant MTN has asked Nigeria for a plan to allow it to spread the payment of…
Treasury Single Account: CBN fines Skye Bank N4bn
The Central Bank of Nigeria (CBN) has imposed a fine of N4 billion on Skye Bank Plc for failing to…
MTN Group CEO resigns over $5.2bn Nigerian fine
South Africa’s MTN Group said on Monday its chief executive will resign immediately as the telecoms firm continued talks with…