Tag: SIFISO DABENGWA
MTN returns to profit after recovery from Nigeria fine
Africa’s biggest mobile network operator by sales, MTN Group Ltd, said it returned to profit in 2017, recovering from a $1 billion fine it...
MTN appoints new CEO after resolving Nigeria dispute
South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with...
MTN pays former CEO $1.6 million after resigning over Nigeria fine
South Africa's MTN paid its former chief executive officer, Sifiso Dabengwa, 23.7 million rand ($1.6 million) after he resigned over a record fine imposed...
MTN withdraws suit, pays FG N50bn for amicable settlement of fine...
South African owned MTN Group said Wednesday it had paid N50billion to the Federal Government in a dispute over a $3.9billion fine imposed last...
MTN Nigeria CEO, head of regulatory resign over N1.04tr fine
The expected hammer fell on MTN Nigeria’s Chief Executive Officer, Michael Ikpoki, following the announcement of his resignation on Thursday morning.
He resigned alongside Head...
We won’t lower MTN’s $5.2 billion fine despite deadline extension –...
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...
MTN CEO, Dabengwa, resigns over $5.2bn fine
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...
More trouble for MTN as shares suspended over NCC $5.2bn fine
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...