Business Hilights

Tracking Nigeria's Headline Business News Online

Certificate Of Capital Importation (CCI)

mtn-Nigeria
ICT

Anxiety as MTN argues FG’s fresh $2bn tax arrears, gives update on CCI crisis

Pursuant to further clarifications on latest federal government’s claims that MTN Nigeria owes tax arrears in the excess of $2bn, the telecom giant has responded, saying “Based on the detailed review performed, MTN Nigeria believes it has fully settled all…

CBN heeds Senate resolution, fines MTN, 4 banks over abuse of Forex Act 1995

Three years after, the Central Bank of Nigeria (CBN) on Wednesday sanctioned leading telecoms giant, MTN and four commercial banks over what it described as flagrant violation of extant laws and regulation on foreign exchange. Though industry experts who spoke…