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$10.1bn repatriation: Court fixes Dec. 12 for report of settlement in MTN vs CBN case

$10.1bn repatriation: Court fixes Dec. 12 for report of settlement in MTN vs CBN case

A Federal High Court in Lagos on Tuesday, fixed December 12, for report of settlement in a $10.1 billion or $8.1bn reparation dispute between MTN Nigeria Communications Ltd, and the Central Bank of Nigeria (CBN). Justice Saliu Saidu fixed the date following commencement of settlement talks by the parties. The Nation learnt that the partiesRead More …

MTN sues FG for N3b over $1.3b withholding tax

MTN sues FG for N3b over $1.3b withholding tax

MTN Nigeria Communication Ltd has filed a fresh suit at the Federal High Court in Lagos to challenge the legality of N242 billion and $1.3 billion import duties and withholding tax demanded from it by the Federal Government. It is demanding N3billion general and exemplary damages and legal costs from the defendant. Justice Chukwujekwu Aneke […] …

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