CBN to reduce MTN’s $8.1bn repayment

Nigeria’s Central Bank governor, Godwin Emefiele on Sunday, says the apex bank may come up with a soft-pedalling measure on MTN by reducing the amount it ordered the South African telecommunication company to bring into the country as repatriated capital.  “I do not think it will be staying at $8.1 billion,” Reuters quoted Emefiele saying during a…

Please visit https://www.businessdayonline.com/companies/article/cbn-to-reduce-mtns-8-1bn-repayment/ to access this member content.

Source link