South Africa based mobile telecommunications major; MTN has sealed deal with Oracle Cloud Applications to drive one of the largest digital transformations in the global telecom industry across all its core business operations. The implementation is expected to help MTN drive efficiency, scale operations and integration across its local and regional operations. “MTN and Oracle […]
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Nigeria said it has resolved a dispute with Africa’s largest mobile operator over $8.13 billion (6.96 billion euros) which it accused MTN of illegally repatriating to South Africa. Africa’s biggest telecoms market Nigeria shocked MTN and foreign investors in August when it ordered it to refund the money, and fined four commercial banks involved in […]
Read More Funso Aina has been appointed Senior Manager, External Relations for ICT giant, MTN Nigeria. Funso joined MTN Nigeria in January 2009, and until his latest appointment, he was the company’s Public Relations Manager where he had oversight responsibility for MTN’s reputation/perception management; stakeholder management; media relations and PR leveraging for all activities; corporate sponsorships and […]
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The MTN Nigeria and the Attorney General of the Federation case over a $2bn tax demand has been adjourned to February 7, 2019 as the presiding judge, Justice Saliu Saidu, was away on administrative leave. The Federal High Court in Lagos did not sit on Monday for the hearing of all applications as earlier scheduled […]
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A Senior Advocate of Nigeria (SAN) and President, People’s Alternative Front, Mr. Femi Falana has faulted the position of the United Kingdom and United States on the $8.1 billion fine imposed on MTN Nigeria by the Central Bank of Nigeria (CBN) for its alleged roles in illegal dividend repatriation and other contravention of Nigeria’ s […]
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Purported plans by the Federal Government to reduce the $8.1 billion fine imposed on the communication giant, MTN, to $800 million is causing ripples in the Senate, Daily Sun has gathered. It was learnt that the Federal Government, working through the Central Bank of Nigeria (CBN), may have concluded plans to cut the $8.1 billion […]
Read More MTN Nigeria has partnered with PayJoy, a Silicon Valley-based technology company, TD Mobile and Sterling Bank to unveil a revolutionary technology-driven device financing scheme. The scheme would enable Nigerians from all walks of life own high-end devices by paying at flexible instalments. The official launch of the scheme was held in Lagos recently. In attendance […]
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Nigeria’s largest GSM operators: Glo, 9Mobile, Airtel, MTN Nigeria, and Ntel, today inaugurated the Telecommunications Financial Inclusion Committee, toward laying the roadmap for, and deepening financial inclusion and financial literacy across Nigeria. This follows on from the meeting held on Tuesday the 4th of September, where the GSM operators met to articulate their commitment to […]
Read More The Central Bank of Nigeria (CBN) has said MTN Group Limited should not be given an injunction that will stop the telecom company from refunding the $8.134 billion the apex bank had alleged that MTN illegally repatriated from the country. The Johannesburg-based mobile-phone company should pay 15 per cent annualised interest on the sum until […]
Read More MTN Nigeria Monday sued the Central Bank of Nigeria, CBN and the Attorney General of the Federation, AGF over allegations of improper repatriation of about $8.1billion and unpaid taxes of $2.0 billion the duo levied against it. The telco is seeking injunction to restrain them from taking further action in respect of their orders to […]
Read More Embattled telecom operator, MTN Nigeria, has faulted the Attorney General of the Federation, AGF, on the $2 billion tax debt which he alleged the telco owed the Federal Government, saying AGF’s calculations were wrong. The telco, yesterday, said that the Attorney General had notified it that his office made a high-level calculation and arrived at […]
Read More Nigeria has struck South Africa’s top mobile operator, MTN, with a back taxes of $2 billion just days after the government ordered it to repatriate $8.13 billion, the company said on Tuesday. MTN gave a brief statement to the market in which it confirmed that Nigeria’s attorney general gave “notice of an intention to recover […]
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