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MTN received Central Bank of Nigeria approval to repatriate funds in 2017

Tuesday 4 September 2018 | 14:57 CET | News
MTN Group and four lenders gained approval from the Central Bank of Nigeria to repatriate funds in a ruling in 2017, indicating that the operator is at least now complying with regulations that it is accused of flouting prior to 2015, reports Bloomberg. In a letter addressed to MTN Nigeria's CEO dated 22 February 2017, the central bank confirms the validity of the company's certificates of capital importation, which are needed to take funds out of the country.

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