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$8.1bn repatriation: CBN, MTN settle out of court

Published by Punch on Fri, 11 Jan 2019


Oladimeji Ramon Telecommunications firm, MTN Nigeria Communications Limited, said on Thursday that it had reached an agreement with the Central Bank of Nigeria over the $1.8bn being demanded from it by the apex bank. The $1.8bn demand by the CBN followed alleged forex remittances infraction by MTN. Rather than yield to the demand, MTN, through
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