The South African telecoms giant, Mobile Telecommunication Network (MTN), has proposed a slash of the $5.2billion fine imposed on it by Nigerian authorities to $1.5 billion . . .
The Federal Government said MTN Nigeria should withdraw the suit it instituted at the Federal High Court, Ikoyi, Lagos against the Nigerian Communications Commission and the federal government if it wants an out-of-court settlement for the N1.04 trillion fine for not deactivating 5.1 million unregistered subscribers . . .
A Lagos High Court yesterday adjourned the suit filed by Guinness Nigeria Plc against the National Agency for Food and Drugs Administration and Control (NAFDAC) till February 8, 2016 to enable the parties to meet for amicable resolution of the dispute.
Guinness Nigeria Plc has approached a Lagos High Court in Igbosere to challenge the N1bn fine imposed on it by the National Agency for Food and Drug Administration and Control.