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30 August 2018

MTN says CBN approved all dividends, opposes $8.1 bn fine.

August 30, 2018 Business Day, Headlines

MTN Nigeria says all dividends paid to its shareholders between 2007 and 2015 were done with the approval of Central Bank of Nigeria (CBN). The telecom reacted to the claim by CBN that it illegally converted shareholder loans to preference share and repatriated $8.1 billion as dividends during the period under scrutiny. MTN Nigeria strongly […]

MTN says CBN approved all dividends, opposes $8.1 bn fine. Read more at businessdayonline.com MTN says CBN approved all dividends, opposes $8.1 bn fine. MTN says CBN approved all dividends, opposes $8.1 bn fine. Read more at businessdayonline.com

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