Tag: CCIs

MTN To Pay N19.2bn Over Improper CCIs, Continue Suit Against AGF

MTN To Pay N19.2bn Over Improper CCIs, Continue Suit Against AGF

Further information emerged concerning the amicable settlement between the Central Bank of Nigeria (CBN) and MTN Communications Nigeria over the $8.13...
CBN, MTN Nigeria Settle Rift Over $8.13bn ‘Illegal” Remittances

CBN, MTN Nigeria Settle Rift Over $8.13bn ‘Illegal” Remittances

After months of disagreements, the Central Bank of Nigeria (CBN), on Monday, December 24, 2018, said it has reached an amicable settlement with MTN Co...
N250m Fine: Diamond Bank Insists On Innocence, Pledges Cooperation With CBN

N250m Fine: Diamond Bank Insists On Innocence, Pledges Cooperation With CBN

The management of Diamond Bank Plc, on Monday informed shareholders through the Nigerian Stock Exchange (NSE) that the Central Bank of Nigeria (CBN) h...
MTN Sues FG, CBN Over $10.13bn Capital Repatriation, Tax

MTN Sues FG, CBN Over $10.13bn Capital Repatriation, Tax

Not willing to go down without a fight, telecommunications giant- South Africa’s MTN Group Limited says it has dragged the Attorney General of the Fed...
Despite Assurances, Investors Whip Diamond Bank, Stanbic IBTC, Over N5.65bn CBN Fines

Despite Assurances, Investors Whip Diamond Bank, Stanbic IBTC, Over N5.65bn CBN Fines

The managements of Stanbic IBTC Holdings and Diamond Bank, as part of their post-listing requirements formally informed the Nigerian Stock Exchange (N...
CBN Writes MTN To Refund $8.13bn Repatriated Via Forged Papers

CBN Writes MTN To Refund $8.13bn Repatriated Via Forged Papers

• Fines StanChart, Stanbic IBTC, Citi, Diamond Banks N5.87bn Even before paying the fines for its last infraction (sale of pre-registered sim cards...