Court adjourns case between MTN, CBN to Dec. 12: judge

Date:

LAGOS – A Lagos judge on Tuesday adjourned a hearing in an $8.1 billion dispute between South African telecoms firm MTN Group and Nigeria’s central bank until Dec. 12 after lawyers said they wanted to report back on settlement talks.

Thank you for reading this post, don't forget to subscribe!

The central bank has accused the firm of illegally sending $8.1 billion abroad, which MTN has denied. Lawyers for both parties told the court they were in talks to agree a settlement.

Share post:

Subscribe

Popular

More like this
Related

Access Holdings to pay N1.80 as final dividend to shareholder

March 28, 2024. Azonuchechi Chukwu. Access Holdings has revealed plans to...

Police gun down two notorious bandits in Benue

March 28, 2024. Azonuchechi Chukwu. Men of Operation Zenda, a Joint...

Army declares eight wanted in connection with the k!lling of its officers in Okuama

March 28, 2024. Azonuchechi Chukwu. The Nigerian Army has declared eight...

Naira Appreciates Against Dollar at the NAFEM Window

March 28, 2024. Azonuchechi Chukwu. The Naira’s euphoric appreciation against the...
Social Media Auto Publish Powered By : XYZScripts.com

Discover more from Naija247news

Subscribe now to keep reading and get access to the full archive.

Continue reading