Monday, November 2, 2015

Breaking: MTN Nigeria Suffers New Setback, No Going Back On Payment Of Fine

MTN Nigeria has failed in its attempts to have its landmark N1,04 trillion (US$5,2 billion fine by the Nigerian Communications Commission (NCC) imposed on it lowered, it has emerged.

This follows a series of meetings between MTN management team from South Africa and Nigeria with the Vice President, Prof. Yemi Osinbajo.

An official of the telecommunications company, said the Presidency insisted the company must pay the sanction. The informant disclosed there were plans to pay in installments.

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