Browsing: MTN Nigeria

Nigeria hints at resolution to MTN dispute

MTN Group and its bankers have provided more documents that may reduce Nigeria’s US$8.1-billion claim on the carrier, which could be resolved soon, the Central Bank of Nigeria said on Sunday.

MTN talks of scrapping Nigeria IPO

MTN Group, facing a combined $10-billion in claims from Nigerian authorities, has said it may no longer seek to raise capital through an initial public offering on the country’s stock exchange.

MTN shares surge on positive Nigeria news

MTN Group’s shares rose the most in more than six months after the Nigerian central bank softened its stance over claims that the carrier illegally transferred $8.1-billion out of the country.

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