MTN Group – InfoStride News

MTN Group Drags NCC To Court Over $3.9bn Fine In Nigeria

Wale Adebayo — Fri, 18 Dec 2015 11:32:38 +0000

MTN Group is ready to challenge Nigerian Communications Commission (NCC) regulator’s powers to impose a $3.9billion fine on its Nigerian subsidiary by the regulator. The telecommunications company will file a case against the regulator before a Federal High Court in Lagos. As it disclosed this, the company also said it had paid 75 billion CFA francs [...]

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NCC Increases MTN’s Fine Again‎ From N674bn To N780bn‎

Wale Adebayo — Fri, 04 Dec 2015 22:35:40 +0000

The fine imposed by the Nigerian Communications Commission (NCC) on MTN Nigeria for failing to disconnect 5.1 million unregistered subscribers from its network in the months of August and September, has again been increased by 10 per cent to N780 billion. The fine, which was originally N1.04 trillion, was reduced to N674 billion, representing a [...]

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MTN Sacks Her Nigeria’s CEO, Other

Wale Adebayo — Fri, 04 Dec 2015 11:27:08 +0000

MTN has fired its CEO in Nigeria Michael Ikpoki and head of regulatory and corporate affairs, Akinwale Goodluck. “This revised structure and strengthened leadership will improve operational oversight and increase management capacity,” said MTN group executive chairman Phuthuma Nhleko in a statement. The the Nigerian Communications Commission had imposed a fine of $5.2 billion on [...]

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FG Insists On $5.2bn Fine Payment As Uncertainty Grips MTN Nigeria Staff

Wale Adebayo — Wed, 11 Nov 2015 13:44:17 +0000

The Nigerian government seems not to be moved by the resignation of the CEO of MTN Group, Sifiso Dabengwa on Monday over a $5.2 billion fine imposed on the company by the Nigerian Communications Commission (NCC) for failing to cut off subscribers with unregistered SIM cards, as it has insisted on the fine being paid [...]

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