Nigeria said it has resolved a dispute with Africa’s largest mobile operator over $8.13 billion (6.96 billion euros) which it accused MTN of illegally repatriating to South Africa.

Africa’s biggest telecoms market Nigeria shocked MTN and foreign investors in August when it ordered it to refund the money, and fined four commercial banks involved in the transfer.

For more information, please see https://www.independent.co.ug/mtn-pays-53-million-penalty-to-resolves-8-bln-nigeria-row/