MTN Nigeria denies outstanding tax obligations

Wednesday 1 September 2021 | 11:03 CET | News
MTN Nigeria has declared that it made an advance tax payment of NGN 95.5 billion between March and June, ahead of the established deadline. Company secretary Uto Ukpana said this was done to support the government's revenue drive. In a letter to the Nigeria Exchange (NGX), Ukpana said it was important to clarify the matter, after erroneous media reports alleging that the company has outstanding tax obligations.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: MTN Nigeria
Countries: Nigeria
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


MTN pays NGN 3 trln in tax in Nigeria over 20 years

Published 06 Dec 2021 11:07 CET | Nigeria
MTN Nigeria said it has paid over NGN 3 trillion in the form of taxation to the government in over 20 years of its establishment ...

MTN Nigeria secures UAS licence renewal

Published 09 Sep 2021 10:29 CET | Nigeria
MTN Nigeria said it has been notified by the the Nigerian Communications Commission (NCC) of the renewal of its Unified Access ...

MTN Nigeria marks 20th anniversary by giving away data and Honda vehicles

Published 10 Aug 2021 09:29 CET | Nigeria
MTN Nigeria is rewarding 20 loyal customers with brand new Honda HR-V vehicles as part of commemoration of its twentieth ...

MTN Nigeria plans to use road infrastructure tax credit scheme to cut exposure

Published 03 Aug 2021 09:54 CET | Nigeria | Update: 03 Aug 2021 10:58 CET
MTN Nigeria says it has concluded plans to invest USD 1.5 billion over the next 3 years to expand broadband access,  Reuters ...

MTN Group to reduce stake in Nigerian arm more slowly as virus hits financial markets

Published 27 Apr 2020 09:24 CET | Nigeria
MTN Group says it will push on with the plan to reduce its majority stake in its Nigerian business, but the turmoil caused by the ...

Nigerian Attorney General withdraws USD 2 bln claim against MTN, refers matter to tax and customs offices

Published 13 Jan 2020 09:19 CET | Nigeria
Nigeria's Attorney General has withdrawn a tax claim of USD 2 billion against MTN and referred the matter to more relevant ...

MTN Nigeria claims to have paid over NGN 1.7 trln in taxes to government

Published 08 Jan 2020 10:42 CET | Nigeria
MTN Nigeria says it has so far paid over NGN 1.7 trillion in taxes to the government, BusinessDay reported. CEO Mazen Mroue said ...

Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Elisa Q4 2021
27 Jan Apple fiscal Q1
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
31 Jan KPN Q4 2021
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan NEC fiscal Q3
31 Jan Harmonic Q4
::: More Calendar Items