CBN to meet MTN Nigeria on $8.1 billion illegal transfer row


The Nigerian Central Bank, CBN, is said to be meeting with the representatives of MTN Nigeria in order to resolve the lingering row between the regulator and the mobile carrier.

It was reported yesterday that the CBN might be reducing the total amount to be repatriated back to Nigeria.

The CBN had indicted MTN for illegally moving out $8.1 billion out of the country without the requisite approvals.