The Federal High Court in Lagos on Tuesday barred MTN Nigeria Communications Limited from moving any funds from all banks in Nigeria abroad pending hearing of its suit challenging the N1.4trillion fine imposed on it by the Nigerian Communication Commission (NCC). Justice Mohammed Idris ordered parties to maintain status quo. “An order is hereby made […]
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The decision by the Minister of Finance, Mrs. Kemi Adeosun, to include the Nigerian Communications Commission among the Federal Government agencies that must submit their annual budgets to the ministry for approval has pitted her against the National Assembly. Adeosun had during a media briefing in Abuja last week after the first Federal Executive Council […]
Read More Nigeria said it was expecting telecoms giant MTN to meet a deadline for paying a record $3.9 billion fine which expires Thursday, despite the South African operator challenging the penalty in court. The Nigerian Communications Commission (NCC), the country’s telecoms regulator, had in October fined the firm for missing a deadline to disconnect 5.1 million […]
Read More The management of MTN says it will not pay the N780bn fine imposed on it by the Nigerian Communications Commission. The telecommunications firm stated this on Thursday in a statement released at 8pm, about four hours to the end of the December 31, 2015 deadline issued by the NCC. In a response to a media […]
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Fresh indications have emerged that the December 31 deadline given to MTN Nigeria to pay the $3.4 billion fine slammed on it by the Nigerian Communication Commission (NCC), may be extended again. The sanction relates to the refusal of the country’s largest telecoms network to deactivate 5.1 unregistered Subscriber Identity Module (SIM) on its network […]
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The Nigerian Copyright Commission has filed criminal charges against MTN Nigeria and its Chief Executive Officer, Ferdi Moolman, for copyright infringement. According to a report by ThePunchNg, the charge was filed in the Federal High Court, Abuja The charge, with number ABJ/CR/379/2015, was filed at the Federal High Court, Abuja, on Friday. In the two-count-charge, […]
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The House of Representatives has opposed the proposed reduction of the N1. 040 trillion ($5.2b) fine imposed GSM operator MTN by the Nigeria Communications Commission (NCC). The lawmakers said non-inclusion of the National Assembly in the consultation before “unilaterally” reducing the fine was wrong. Chairman of the House committee on communications, Hon. Saheed Fijabi (APC, […]
Read More Mobile phone operator, MTN Nigeria has resolved to challenge the $3.9 billion fine imposed on it by the Nigerian Communications Commission (NCC), TechCentral is reporting. MTN, in a statement to shareholders today, said it decided to take this route after exhausting all other options to have the fine reduced. MTN said that “All factors having […]
Read More Officials of the Nigerian Communications Commission (NCC) and the Niger Delta Development Commission (NDDC) were yesterday barred from the House of Representatives ad hoc committee investigating alleged fraud in the remmitance of non-oil revenue. The officials of the two agencies were walked out due to the non-appearance of their chief executives. The NCC was represented […]
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