Is the CBN fine on MTN political?

1,347 views · Published 30 August 2018 · 8:29 · Indexed 25 September 2026

Channel: CNBC Africa · 2018 · News & Politics

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Nigeria ordered four banks including Citigroup and Standard Chartered to refund more than $8 billion it says was illegally expatriated by mobile-phone company the MTN Group over eight years through 2015. The decision will come as a blow to MTN, because the company has already settled a separate, $1 billion fine in Nigeria for missing a deadline to disconnect unregistered customers. Joining CNBC Africa to unpack this further is Tilewa Adebajo, CEO, CFG Advisory.
https://www.cnbcafrica.com/videos/

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