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Nairaland Forum / Science/Technology / Technology Market / Just In: MTN Agrees To Pay 330bn Fine To Nigeria (506 Views)
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Just In: MTN Agrees To Pay 330bn Fine To Nigeria by Newsbreakers: 1:43pm On Jun 10, 2016 |
Telecommunications giant, MTN, has agreed to pay a fine of N330bn to the Federal Government of Nigeria. The company which is headquartered in South Africa said, on Friday, that it will pay 330 billion naira ($1.67 billion), a third of its initial fine, over three years to the Nigerian government to settle the fine. The mobile operator was fined $5.2billion by the Nigeria Communications Commission (NCC) in October 2015 for failing to disconnect unregistered users on its network. 1 Share
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Re: Just In: MTN Agrees To Pay 330bn Fine To Nigeria by princeakins(m): 1:49pm On Jun 10, 2016 |
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