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Topic: $8.1b remittance: CBN, MTN Nigeria reach truce  (Read 1194 times)

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$8.1b remittance: CBN, MTN Nigeria reach truce
« on: December 25, 2018, 07:02:22 AM »
$8.1b remittance: CBN, MTN Nigeria reach truce

The Central Bank of Nigeria (CBN) and MTN Nigeria Communications have resolved issues relating to the $8.1 billion foreign exchange remittances by the telecom giant, the apex bank announced yesterday. In a statement, the CBN, however, identified that the proceeds from the preference shares in MTNN’s private placement remittances of 2008 were irregular, having beenRead More
Source: $8.1b remittance: CBN, MTN Nigeria reach truce

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