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Wireless

MTN Nigeria settlement report on Central Bank row gets 12 December court date, tax case heard in February

Wednesday 5 December 2018 | 09:34 CET | News
A Nigerian High Court in Lagos has adjourned until 12 December for report of settlement in a dispute between MTN Nigeria Communications and the Central Bank of Nigeria (CBN), over the alleged illegal repatriation of USD 8.1 billion by the telecoms company, Vanguard reported. Justice Saliu Saidu set the date after parties told the court that they were engaged in settlement talks. The News Agency of Nigeria reports that MTN had filed the suit, seeking an injunction to restrain the CBN and Attorney General of the Federation (AGF) from taking further action to reclaim alleged debts. 

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Categories: Mobile & Wireless
Companies: MTN Nigeria
Countries: Nigeria
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