MTN: ‘Claims of Reported Final Fine Settlement Premature’

The management of MTN Nigeria says it is premature to speculate on the final settlement of the fine issue between it and the Nigerian Communications Commission [NCC].

Indeed, it was widely reported that MTN Nigeria has insisted on paying only N300, 000 out of the N780, 000 fine to the NCC.
But MTN Nigeria issued an official release few seconds ago on the issue.

The release read as follows:
“The management of MTN Nigeria is aware of the reports on the settlement negotiations.
The CEO of MTN, Ferdi Moolman, stated that the confidential negotiations are still very much on-going with the authorities to achieve an amicable resolution of the matter.

Accordingly‎, no further comment can be made at this time.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Guinea Insurance Completes Recapitalisation, Positions for Market Leadership, Next Phase of Growth

Guinea Insurance Plc has successfully completed its recapitalisation exercise,...

AXA Mansard’s New Digital Tool to Make Vehicle Inspection Fast and Easy

AXA Mansard Insurance, a member of the AXA Group,...

AXA Mansard Health’s WhatApp ChatBot, Karis, to Reduce Waiting Time at Hospital

In an attempt to reduce waiting time and ensure...

AXA Mansard, Lagos DSVA Intensify Campaign Against Domestic, Sexual Violence

AXA Mansard has partnered with the Lagos State Domestic...

Topics

NAICOM Migrates to Online Operations Effective Sept 1

The National Insurance Commission (NAICOM) says its operations will...

Interswitch Secures CBN Payment Service Holding Company Licence

Interswitch Group, one of Africa’s leading financial technology and...

NNPC, Dangote Refinery Ink 10-Year Gas Deal to Boost Local Production, Industrial Growth

L-R: Managing Director, Nigeria Gas Marketing Limited (NGML), Barrister...

Stanbic IBTC Holdings Shares Strategic Vision, Performance at 2025 AGM

Stanbic IBTC Holdings Plc, a member of the Standard...

NCDMB to Feature Ex-NIMASA DG, Dakuku Peterside, in Book Reading Session

The Nigerian Content Development and Monitoring Board (NCDMB) has...

‘Buhari Administration is Pro-Private Business’

The Minister of Information and Culture, Alhaji Lai Mohamed...

10 African Nations in Top 100 Countries with Biggest Gold Reserves

According to a report published by World Gold Council...

Microsoft Unveils Fund for Affordable Internet

Microsoft Corporation has launched a new fund to cultivate companies with solutions that bring affordable Internet access to underserved markets. The fund is part of Microsoft’s Affordable Access Initiative, which invests in new last-mile access technologies, cloud-based services and applications, and business models that can reduce the cost of Internet access and help more people affordably get online. “Today there are approximately four billion people globally without Internet access,” said Peggy Johnson, Executive Vice President of Business Development at Microsoft. “The ability to close that gap is more achievable than ever with technology that is readily available and affordable in many parts of the world. Through this fund, we hope to kick-start the entrepreneurial process by identifying promising ideas that we can help nurture, grow and scale.”
spot_img

Related Articles

Popular Categories

spot_imgspot_img