MTN resolves Nigeria dividend issue, pays $53 million
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MTN resolves Nigeria dividend issue, pays $53 million

Segun Ige

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Telecoms Giant, MTN has finally resolved a dividend issue its been facing in Nigeria.

PoliticsNGR learned that in an announcement on Monday via twitter, the company revealed that a $53 million payment was made to sort the problem.



MTN has been in hot water with the country’s Apex bank, The central Bank of Nigeria (CBN) for illegally transferring $8.1 billion out of the country, an allegation MTN has since denied.

Segun Ige is a Nigerian journalist from Ogun state. Segun has worked with top newspapers in Nigeria. He is the convener of 'Free write Naija', a group keen on enhancing press freedom in Nigeria.

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