Tag: fine

N780bn fine: ‘Why N118.8bn was set aside’ – MTN

The management of telecommunications giant, MTN, has explained why it set aside N118.8bn (about $600 million) in its Group Financial results. The company says the action is in line with…

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The Nigerian government is N50bn richer, courtesy of MTN

The Federal Government has confirmed the receipt of N50 billion from telecommunications giant- MTN. The telecoms company had on Wednesday, revealed that it had paid the said amount, as part…

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Court says Metuh’s ‘fundamental rights’ not violated

Spokesperson of the Peoples Democratic Party, Olisa Metuh has been ordered to pay N20,000 each to six of the defendants in a fundamental rights suit he filed against the federal…

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MTN fine

MTN pays N50 billion to FG, withdraws suit

MTN Nigeria has withdrawn its suit against the Nigerian Communications Commission and paid N50 billion for the resolution of the fine imposed on the telecommunications company. MTN was fined N1.04…

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MTN hires ex-US attorney general, Eric Holder to challenge $3.9bn fine

MTN group has hired former attorney general of the United States, Eric Holder, to challenge the $3.9 billion fine imposed on the telecommunication giant by the Nigeria Communication Commission (NCC),…

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‘Our intention is not to kill MTN’ – FG

Nigerian Communications Commission (NCC) has confirmed that it would soon begin dialogue with MTN for an out-of-court settlement over the N1.04 trillion fine imposed on the telecommunications company for not…

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‘We have not heard of any fine’ | MTN reacts to Cameroon fine

South Africa’s telecommunications giant, MTN group has responded to the alleged fine slammed on the company by the CONAC in Cameroon. Cameroon’s anti-corruption commission also called CONAC had accused MTN…

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MTN fined N32bn in Cameroon [DETAILS]

The woes of telecommunications giant, MTN, may not be abating anytime soon as the Cameroonian anti-corruption agencies have hit the company with a punitive fine for tax evasion. MTN and…

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Why Nigeria reduced MTN’s N1.04 trn fine

The Nigerian Communications Commission (NCC) has revealed the rationale behind the federal government's decision to reduce the N1.04 trn fine imposed on South African telecommunication giant, MTN. The initial fine imposed…

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MTN fined N190m in Uganda – Read why

It appears Nigeria isn't the only country where telecommunications giant, MTN has been found wanting. On November 6, a commercial court in Uganda, presided over by Henry Peter Adonyo, slammed a…

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MTN CEO resigns over $5.2 billion NCC fine

The Group Chief Executive Officer (CEO) of telecommunications giant, MTN, Sifiso Dabengwa, has resigned. Dabengwa's resignation comes after the $5.2 billion fine imposed on the company by the Nigerian Communications Commission…

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@Chrisbamidele: “The sex was great” and other lies girls tell

by Chris Bamidele Girls are so mysterious, most times enigmatic. They have more layers than an onion, and no man, not even the very wise King Solomon was able to…

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6 easy ways to look like a perfect guy

by Guy Code         No medical degree? No firefighting career? No problem! Impressing girls is a lot easier than you might think.   Here are six simple…

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NYSC members almost stripped as Anambra community bans trousers for women

by 'Jola Sotubo A group of surprised female members of the National Youth Service Corps (NYSC) were almost stripped in an Anambra community which is said to have enacted a…

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7 things that ruin a perfectly fine relationship

by Mumbai Mirror It has been a while since the two of you are dating, and you have been waiting for him to propose marriage since the day you met…

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Police fined N1 million for assaulting a female student

by Tolu Orekoya Two years after Abigail Ige was beaten by police officers in Ado Ekiti, the High Court has ordered the Nigerian Police Force to pay a N1 million compensation to the…

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