0
Wireless

Nigerian court to hear MTN repatriation case on 30 October

Tuesday 23 October 2018 | 14:42 CET | News
A hearing of the court case between MTN and the Central Bank of Nigeria over the alleged transfer of USD 8.1 billion of funds out of the country has been set for 30 October, Reuters reported, citing a lawyer for MTN. The operator denies claims that it depleted Nigeria's forex reserves, the South African telecoms group's lawyer Wole Olanipekun, told Reutersy.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: MTN / MTN Nigeria
Countries: Nigeria
::: add a comment

Add 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.


Related

Central Bank of Nigeria to meet MTN lenders over USD 8 bln fund transfer - report

Published 09 Nov 2018 14:00 CET | Nigeria
Central Bank of Nigeria representatives were due to meet four lenders to MTN Nigeria on 09 November to discuss a dispute over a ...

Nigerian court fixes new date for MTN USD 8 bln repatriation case

Published 31 Oct 2018 11:53 CET | Nigeria
A Nigerian High Court in Lagos has adjourned till 04 December the court hearing for the dispute between MTN Nigeria and the ...

MTN Nigeria service revenue up 17.4% in first 9 months

Published 29 Oct 2018 09:21 CET | Nigeria
MTN Nigeria increased its service revenue by 17.4 percent in the nine months to 30 September compared with the same period in ...

MTN says seeking agreement with Nigerian officials over repatriation but reiterates share trading caution

Published 24 Oct 2018 11:15 CET | Nigeria
MTN Group says it is holding talks with Nigerian officials to find a "mutually acceptable solution" to a dispute over the alleged ...

Minister regrets MTN fine, says damaging to Nigeria

Published 24 Oct 2018 11:07 CET | Nigeria
Finance Minister Zainab Ahmed says the Central Bank of Nigeria (CBN) fine on MTN is very damaging to the country, ...

Nigerian minister says Central Bank is approaching settlement with MTN

Published 20 Oct 2018 17:06 CET | Nigeria
The Central Bank of Nigeria and MTN could soon reach a deal in their dispute over the repatriation of USD 8.1 billion, Reuters ...

Central Bank of Nigeria reviews papers concerning MTN repatriations, foresees resolution soon

Published 28 Sep 2018 11:14 CET | Nigeria
The Central Bank of Nigeria says its dispute with MTN Group over the repatriation of USD 8.1 billion in dividends from the ...

Nigeria central bank says working on 'equitable resolution' of MTN funds claim

Published 20 Sep 2018 10:35 CET | Nigeria
The Central Bank of Nigeria said it's working on an "equitable resolution" of its claim against four banks and mobile operator ...

MTN Nigeria files for High Court injunction against repatriation of funds

Published 10 Sep 2018 16:31 CET | Nigeria
At the same time, the AGF has alleged unpaid taxes on foreign payments and imports, and has demanded that approximately USD 2.0 ...

Central Bank of Nigeria orders MTN, banks to refund USD 8 bln in repatriations

Published 30 Aug 2018 11:14 CET | Nigeria
The Central Bank of Nigeria has ordered Citigroup, Standard Chartered, Stanbic IBTC Holdings and Diamond Bank to refund more than ...





Calendar   /   Industry Events

23 Aug Mobilezone H1 2019
23 Aug Report: Belgian Total Communications market 2019 Q2
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug ZTE H1 results
27 Aug MNF Group FY results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
29 Aug SeaChange fiscal Q2
29 Aug Cyfrowy Polsat Q2 2019
29 Aug Bouygues Telecom Q2 2019
29 Aug Marvell Technology fiscal Q2
29 Aug Dell Technologies fiscal Q2
29 Aug Tech Data fiscal Q2
29 Aug Axiata Q2 2019
29 Aug Tele Columbus AGM
30 Aug Telekom Slovenije AGM
30 Aug 5G Leadership Summit 2019
::: More Calendar Items