Tech
MTN replies CBN over $8.1bn demand
Telecommunications giant, MTN Nigeria has claimed that all dividends it paid to its shareholders between 2007 and 2015 were approved by the Central Bank of Nigeria (CBN).
The telecoms company was reacting to the claim by the apex bank that it illegally converted shareholder loans to preference share and repatriated $8.1 billion as dividends during the period under scrutiny.
“MTN Nigeria strongly refutes these allegations and claims. No dividends have been declared or paid by MTN Nigeria other than pursuant to CCIs issued by our bankers and with the approval of the CBN as required by law,” the telecom company said in a statement issued on Thursday morning from its media and corporate affairs desk.
It promised to “engage with the relevant authorities and vigorously defend our position on this matter and provide further information when available”.
Several men accuse Diddy of r@p!ng them @n@lly in new wave of lawsuits
“US approving Ukraine to use missiles against Russia a big mistake” – Turkish president Erdogan
Lady cries out as she discovers her boyfriend of 11 months secretly infected her with HIV (Video)
Wizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
Four boys banished for life from upper-Benin over alleged g@y act (Video)
Trump announces plan to use military for mass deportation of Nigerians and others
Mixed reactions as singer Wizkid gives his colleague Davido a nickname
“Tinubu Has A Better Policy Document Than Peter Obi, Atiku” – Doyin Okupe says
-
News2 days ago“Tinubu Has A Better Policy Document Than Peter Obi, Atiku” – Doyin Okupe says
-
Crime2 days agoFive soldiers k!lled, 10 wounded and four missing as Boko Haram attacks troops in Borno
-
Celebrity Gossip & Gist2 days ago“FC dey do too much” – Video of a Wizkid die-hard fan bathing with a JBL speaker as he dances to the singer’s hit song “Dance” stirs the internet (Watch)
-
Lifestyle2 days ago17-year-old Delta student allegedly ass@ulted and locked inside dog cage by his female classmate’s father and brothers for visiting her