MTN Nigeria’s Trillion Naira Profit and the Lessons of 25 Years…, By Olusegun Adeniyi

At the 2016 edition of the International Telecommunication Union (ITU) annual ‘Telecom World’ held in Bangkok, Thailand, then Kaduna State Governor, Mallam Nasir El-Rufai shared the story of the difficulty encountered in selling Nigeria’s liberalised telecommunications industry to international investors. According to El-Rufai, who was the Bureau of Public Enterprise (BPE) Director-General between 1999 and 2003, Nigeria was so […]

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Former Osun Governor, Oyinlola, set to drag the IGP to court over non-release of Report on MTN

Former Governor of Osun State, Mr. Olagunsoye Oyinlola has threatened to institute legal action against the Inspector General of Police (IGP), for refusing to release the IG Monitoring Team Report in respect of his petition against MTN Nigeria and others. In a letter dated January 27, 2023, which Oyinlola addressed to the Inspector General of […]

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Man sues Buhari’s daughter, MTN, DSS for illegal detention over SIM card

A trader, Anthony Okolie, who was arrested by the Department of State Services and detained for 10 weeks, has sued the DSS for N500m. Okolie, in a suit filed before the Federal High Court in Asaba, Delta State, by his lawyer, Tope Akinyode, also demanded N500m from Hanan Buhari, the daughter of the President, Major […]

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The Nigerian Federation vs MTN, By Simon Kolawole

Does the federal government want to chase foreign investors away from Nigeria? This is one of most frequently asked questions since the Central Bank of Nigeria (CBN) asked MTN to refund the $8.1 billion it repatriated as profits out of Nigeria from 2007 to 2015 based on “irregular certificates of capital importation”. CBN also fined […]

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