Tag Archives: Mtn

MTN Fires Back After CBN Sanction, Claims Paid Dividends Were Approved

In a statement on Thursday, MTN denied the allegations of illegal funds repatriation leveled against it by the Central Bank of Nigerian(CBN), claiming that it illegally converted shareholder loans to preference share and repatriated $8.1 billion as dividend saying all dividends it paid to its shareholders between 2007 and 2015 were approved by the apex bank. Contrary to the…

Read more

Photos: Opa Williams, Ali Baba, Emmaohmygod, Iyanya, Praiz, Others Storm the Launch of Comedy+

In what will become a remarkable moment in the history of Nigerian comedy, Nigeria’s robust community of comic acts gathered at Club Rumours last Friday to welcome Nigeria’s first comedy aggregator, Comedy+. The launch event had some of Nigeria’s top comedians in attendance. From the veteran Opa Williams who is credited with stoking the flames…

Read more

MTN Celebrates Friends & Customers, Introduces a New Scheme ‘MTN Prestige: Circle of Distinction’- Photos

Tee-A Last night January 20th, 2017, MTN hosted its HV customers to a special social event- MTN Prestige at The Wheatbaker Hotel, Ikoyi, Lagos. The event was aimed at celebrating friends and customers of the brand and formally introducing them to a new scheme from MTN Prestige: circle of distinction The event which was hosted…

Read more

Dino Melaye Names Minister of Assisting MTN Move $13.92bn Out of Nigeria Illegally

The Chairman, Senate Committee on the FCT, Senator Dino Melaye (APC, Kogi West) has accused the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah of colluding with ‎MTN to illegally move $13.92billion out of Nigeria between 2006 and 2016 to the company’s home country of South Africa. According to a report by TheWill, Melaye…

Read more

N1.04trn Fine: MTN Pays N50 Billion, Withdraws Lawsuit Against NCC

  South African mobile telecommunication company, MTN has withdrawn its suit against the Nigerian Communications Commission (NCC), even as it paid N50bn towards an out-of-court settlement of the matter for which it had dragged NCC to court. The telecom regulator had slammed a fine of N1.04trn on MTN for failing to deactivate 5.1 million unregistered…

Read more