Home / News / MTN agrees to pay Nigerian $1.7 billion fine

MTN agrees to pay Nigerian $1.7 billion fine

post-feature-image 

South African telecoms giant MTN said Friday it would pay a $1.7 billion fine to the Nigerian government in a “full and final settlement” over its failure to disconnect unregistered mobile phone users.
[post_ad] The company said in a statement that “MTN Nigeria has agreed to pay a total cash amount of Naira 330 billion over three years.”

Africa’s biggest wireless operator was fined $3.9 billion last year and has since been in negotiations with the government over the payout.

Source: AFP

About MR LEGIT

Check Also

The GTBank Dusty Manuscript Contest - 20 Budding Nigerian Writers Make it to Next Stage

The GTBank Dusty Manuscript Contest – 20 Budding Nigerian Writers Make it to Next Stage

After spending several weeks poring over more than 1000 stories submitted for the GTBank Dusty Manuscript …

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

WhatsApp chat Chat With Mr Legit
%d bloggers like this: