Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

DIVAS INTERNATIONAL MUSIC FESTIVAL: ‘Voices That Heal’ — A Celebration of Women, Music & Empowerment

2026-01-25

Ethereum (ETH) Stalls at $3200, but Investors Back GeeFi’s (GEE) Upcoming Expansion With $300K Raised in 24H

2026-01-24

Cardano (ADA) Climbs 9%, but Experts Predict Investors Could Earn Millions from GeeFi’s (GEE) Upcoming Ecosystem Expansion

2026-01-24
Facebook X (Twitter) Instagram
Trending
  • DIVAS INTERNATIONAL MUSIC FESTIVAL: ‘Voices That Heal’ — A Celebration of Women, Music & Empowerment
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Breaking News»Nigeria will wait for outcome of MTN’s court case
Breaking News

Nigeria will wait for outcome of MTN’s court case

Gugu LourieBy Gugu Lourie2015-12-24No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Nigerian authorities will wait for the outcome of a court challenge filed by Africa’s largest mobile phone operator MTN before deciding on whether to enforce a R59 billion ($3.9 billion) fine imposed by the Nigerian Communications Commission (NCC), according to a report.


Reuters news agency reported that the Nigerian Communications ministry spokesman contradicted a source in the NCC, who earlier said “appropriate action” would be taken against MTN if it failed to pay the fine by a December 31 deadline for failing to disconnect users with unregistered SIM cards.

“The federal government, NCC (regulator) or any government agent will not do anything at the expiration of the December 31 deadline,” Victor Oluwadamilare, the ministry’s media assistant told Reuters. “Now that they (MTN) have gone to court we will await the outcome of the case,” he added. “This is a government that believes in the rule of law.”

Meanwhile, MTN, also insisted that its action was induced by commitment and belief in the long term sustainability of its business.

“The fine has potentially dire consequences for the company, its employees, partners, stakeholders as well as the entire Nigerian telecommunications industry,” MTN Nigeria’s human resources & corporate services xxecutive, Amina Oyagbola, told the Vanguard newspaper.

MTN was given a December 31 deadline to pay the fine for its failure to disconnect 5.2 million subscribers who did not register their SIM cards. But on Thursday announced it was planning to challenge in court a $3,9 billion fine imposed on it by the NCC.

The South African based mobile phone operator has hired seven Senior Advocates of Nigeria (SAN) to fight the R59 billion ($3.9 billion) fine imposed on it by the Nigeria Communications Commission (NCC), according to Africa Review.

  • Email TechFinancials.co.za at [email protected]

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Gugu Lourie
Gugu Lourie

Related Posts

Chery SA to Buy Nissan Rosslyn Plant, Save Jobs

2026-01-23

Directing The Dual Workforce In The Age of AI Agents

2026-01-22

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12

How SA’s Largest Wholesale Network is Paving the Way for a Connected, Agile Future

2025-12-02

Oni-Tel Launches Inter-Data Centre Fibre Network With Digital Parks Africa As First Point Of Presence

2025-11-27

Vodacom Announces Multi-Year Strategic Collaboration With Google Cloud to Boost Africa’s AI Advancement

2025-11-25

Telkom Consumer Fuels Growth With Prepaid, Data Strategy

2025-11-18

Digital Public Infrastructure: The Need for Leadership And Sovereignty In South Africa’s Digital Future

2025-11-03
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Chery SA to Buy Nissan Rosslyn Plant, Save Jobs

In a major development for South Africa’s automotive industry, Nissan and Chery SA have reached…

Directing The Dual Workforce In The Age of AI Agents

2026-01-22

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Over R270M In Phuthuma Nathi Dividends Remain Unclaimed

2025-11-27

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

DIVAS INTERNATIONAL MUSIC FESTIVAL: ‘Voices That Heal’ — A Celebration of Women, Music & Empowerment

2026-01-25

Ethereum (ETH) Stalls at $3200, but Investors Back GeeFi’s (GEE) Upcoming Expansion With $300K Raised in 24H

2026-01-24

Cardano (ADA) Climbs 9%, but Experts Predict Investors Could Earn Millions from GeeFi’s (GEE) Upcoming Ecosystem Expansion

2026-01-24
Recent Posts
  • DIVAS INTERNATIONAL MUSIC FESTIVAL: ‘Voices That Heal’ — A Celebration of Women, Music & Empowerment
  • Ethereum (ETH) Stalls at $3200, but Investors Back GeeFi’s (GEE) Upcoming Expansion With $300K Raised in 24H
  • Cardano (ADA) Climbs 9%, but Experts Predict Investors Could Earn Millions from GeeFi’s (GEE) Upcoming Ecosystem Expansion
  • GeeFi’s (GEE) Phase 3 Hits 90% as New App and Roadmap Update Highlights Stronger Privacy Focus Than Tron (TRX)
  • AI Girlfriend Applications Tested for Context Awareness and Personalization
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.