Browsing: Dino Melaye

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MTN’s Nigerian woes deepen

MTN Group may have illegally moved more than the previously claimed US$14bn out of Nigeria, a lawmaker said, citing early findings from an investigation into the allegation by international forensic experts. “We have realised from

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MTN refutes new Nigeria allegations

MTN has hit back at allegations emanating from Nigeria’s senate that it illegally moved almost US$14bn (about R188bn) out of the West African country. The company is accused of repatriating the funds over 10

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MTN drops on new Nigeria worries

MTN Group shares slumped the most in three months after Nigerian lawmakers raised new allegations about the wireless carrier, this time accusing the company of illegally moving almost US$14bn out of its largest market. Nigeria’s senate

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More trouble for MTN in Nigeria

MTN Group has been accused by a Nigerian lawmaker of transferring US$13,9bn out of country “illegally”, a move that could reignite a conflict between Africa’s largest wireless operator by sales