We see different things even when we are looking at the same picture. When CBN asked MTN to return the $8.1 billion dividends it “illegally” repatriated between 2007 and 2015, I was not thinking about MTN or CBN. Rather, my mind was on Econet, the ancestor of Airtel. Econet and MTN launched operations […]
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MTN Nigeria has filed a suit against the Central Bank of Nigeria (CBN) and the attorney-general of the federation to seek a restraining order. In a suit filed in Lagos on Monday, the telco is seeking an injunctive relief to protect its assets and shareholder rights. In a statement by MTN, the company said […]
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A coalition of Niger Delta militants on Wednesday threatened to blow up Multichoice (DSTV), MTN, Shoprite and 16 other major South African investments in Nigeria if the Federal Government fails to shut them down within one month. The militant groups, who were reacting to the xenophobic attacks on Nigerians and their businesses, gave one month […]
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President Muhammadu Buhari on Tuesday spoke publicly for the first time on the $5.2bn fine imposed on MTN Group by the Nigerian Communications Commission, saying the concern of his government is not about the penalty but on the security implication of the telecommunication firm’s inaction. The firm was sanctioned by the regulatory agency for failing […]
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Telecom giant MTN Nigeria has been fined a record $5.2bn by Nigeria’s Communications Commission (NCC). MTN was fined for non-compliance with a deadline set by the NCC to disconnect all non-registered sim cards. The move follows accusations by mobile phone users that the regulator had failed to bring operators to account for poor services to […]
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So, just like in 2001, I think we should pitch these phone companies together. In the first place, I sometimes feel they are rigging the game. Y’know, just like we drive to the fuel station and we see N87 per litre on the metre, but the damn attendant is selling to us at N120 per […]
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