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2025

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CBN Letter to MTN on $8.13B Refund (PDF)

The Central Bank of Nigeria Governor, Godwin Emefiele, is not happy at all after CBN finished its investigation on MTN Nigeria. Its letter to MTN Nigeria should be troubling to the telecom giant. Full PDF posted.

When you ask a company that is not NASPERS to pay $8.13 billion in Africa with IMMEDIATE EFFECT, you will agree that it is not a laughing matter. I wish MTN Nigeria well.

The full letter is here (PDF).

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