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We won’t lower MTN’s $5.2 billion fine despite deadline extension –...

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The Nigerian Communications Commission has extended the deadline for MTN Nigeria to pay a $5.2 billion fine but will not lower the amount for...

Nigeria does not want MTN to leave, communications minister assures

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Communications Minister, Adebayo Shittu, has disclosed that Nigeria does not want MTN to quit the country because of the $5.2 billion fine imposed last...

MTN CEO, Dabengwa, resigns over $5.2bn fine

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Chief Executive Officer of Africa’s biggest mobile company, MTN, Sifiso Dabengwa, has resigned following the massive N1.04 trillion ($5.2 billion) fine imposed on the...

Weeks after abduction, Falae travels to London for medical treatment

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Former Secretary to the Government of the Federation, Chief Olu Falae, has travelled to the United Kingdom for medical attention, Vanguard has reported. The former...

Despite hefty fine, MTN renews Nigeria’s operating licence with $94.2m

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South Africa’s MTN on Tuesday said the Nigerian regulator had renewed its operations and licence up to 2021 at a cost of 94.2 million...

More trouble for MTN as shares suspended over NCC $5.2bn fine

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Shares in Africa's biggest mobile operator were suspended on Monday in the wake of a huge fine imposed by Nigerian regulators. Trading in MTN Group...

MTN gets November 16 deadline to pay N1.04tr fine

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The Nigerian Communications Commission (NCC) has set a November 16 deadline for South African mobile giant MTN to pay a $5.2 billion (N1.04 trillion)...

Nightmare for South African multinationals as hammer falls on MTN, IBTC

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Monday was a bad day for South African multinationals, MTN and Standard Bank, as sanctions imposed on their operations in Nigeria caused panic back...