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Home Business News

MTN To Contest $3.9 billion Fine In A Lagos Court

Editor by Editor
December 17, 2015
in Business News
Nigeria Drug makers capitulate as margins slump
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Africa’s biggest phone company, MTN Group Limited will contest a $3.9 billion Nigerian fine in a Lagos court after rectifying that the imposition of the sanction was not in accordance with the powers of the country’s telecommunications regulator.

The  telecommunication giant was dealt a major blow in late October by the nigeria communications commission (NCC) over failure disconnect subscribers with unregistered Sim cards bought before January 2012.

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Recent News

  • Senate approves Tinubu’s $21.5 billion external borrowing plan for 2025–2026 
  • FG unveils soybean expansion policy, targets N3.9 trillion revenue and one million jobs 
  • Nigerians now have greater confidence in the Naira – Cardoso declares at MPC meeting 

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Recent News

Sterling Bank CEO advocates for AI dev’t to maintain global competitiveness

Senate approves Tinubu’s $21.5 billion external borrowing plan for 2025–2026 

July 22, 2025
FG unveils soybean expansion policy, targets N3.9 trillion revenue and one million jobs 

FG unveils soybean expansion policy, targets N3.9 trillion revenue and one million jobs 

July 22, 2025
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