The Federal High Court in Lagos on Thursday adopted the settlement terms in a suit by MTN Nigeria Communications Limited against the Federal Government.
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$8 billion 'Illegal' Repatriation: Nigerian govt, MTN settle out of court - Premium Times NigeriaThe Nigerian government and mobile telecommunications firm, MTN, have reached an out-court-settlement in a suit filed by government lawyers
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$8 billion ‘Illegal’ repatriation: FG, MTN settle out of court - Vanguard News NigeriaThe Nigerian government and mobile telecommunications firm, MTN, have reached an out-court-settlement in a suit by government lawyers accusing the company of illegally repatriating $8.1 billion out of the country, lawyers told a Federal Court High sitting in Lagos.
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$8.1b MTN fine: Court adopts settlement terms as judgment - The Nation NigeriaThe Federal High Court in Lagos yesterday adopted the settlement terms in a suit by MTN Nigeria Communications Limited against the Federal Government. MTN challenged the $8,134,312,397.63 demanded from it by the Central Bank of Nigeria (CBN) over alleged forex remittance infractions. But the telecoms firm prayed the court to restrain the CBN and the …
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$8.1bn repatriation: CBN, MTN settle out of court
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Patience Jonathan plays five videos in court to prove she owns forfeited $8.4m, N7.4bn - Daily Post NigeriaThe wife of the former President, Mrs Patience Jonathan, has made a case for the sum of $8.4 million and N7.4bn temporarily forfeited to the Federal Govern
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Alleged $8bn Sanction: MTN, FG Settle Out Of Court – Channels Television
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Defence plays five videos in the N7.4bn forfeiture suit against JonathanA Federal High Court Judge, Justice Mojisola Olatoregun, on Tuesday watched in open court, video clips presented as exhibits in an $8.4m and N7.4bn forfeiture case linked to a former First Lady, Da...
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NGO seeks details of CBN, MTN peace deal - The Nation NigeriaWhat are the details of the resolution of the dispute between the Central Bank of Nigeria (CBN) and telecommunication giant MTN Nigeria on the alleged improper repatriation of about $8.13 billion? A Non-Governmental Organisation (NGO) is asking the question following the adoption of an out-of-court settlement as final judgement by the Federal High Court in …
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'The Nigeria Lawyer Online legal newspaper reported on the 24th day of December, 2018 that the alleged charge of improper repatriation leveled against MTN Nigeria has been resolved to the tune of $52.6million as against $8.13billion earlier reported as the fine to be paid by the telecommunication company. There seems to be a wide margin between the reported final payment and the alleged charged sum which has left the public puzzled as to the procedure and steps taken to arrive at the resolution.'
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