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UPDATE 2: MTN to implement notional reversal of 2008 private placement

... pays N19bn to settle CCI dispute with CBN

MTN pays $53 million to resolve dividend repatriation issue with CBN
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In what is seen as a positive development for portfolio and foreign direct investments (FDI) into Nigeria, MTN Group has reached an agreement with the Central Bank of Nigeria (CBN) to resolve the dispute over an alleged illegal transfer of $8.1 billion out of Nigeria. MTN Group said on its twitter handle that it made…

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