By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: NCC Agrees to Reduces MTN Fine From $5.2bn To $3.4bn.
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

NCC Agrees to Reduces MTN Fine From $5.2bn To $3.4bn.

Farouk Mohammed
By Farouk Mohammed
Published: December 3, 2015
Share
1 Min Read
SHARE

MTN1111111121

The Nigerian Communications Commission (NCC) has agreed to reduce MTN’s fine to $3.4bn, payable no later than December 31. MTN said on Thursday it had received the formal letter from the commission on Wednesday and was “carefully considering” a reply.

“The executive chairman, Phuthuma Nhleko, will immediately and urgently re-engage with the Nigerian authorities before responding formally, as it is essential for the company to follow due process to ensure the best outcome … all factors having a bearing on the situation will be thoroughly and carefully considered before the company arrives at a final decision,” the company said.

MTN Nigeria had originally been fined $5.2bn by the commission for failing to deactivate 5.1-million unregistered SIM cards on its network.

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:MTNNCCNigeria
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article MTN Nigeria CEO ‘Michael Ikpoki’ Resigns.
Next Article 57-year-old Man Dies Aboard Arik Air Owerri-Lagos Flight.

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 2 days ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Senator Natasha Akpoti-Uduaghan
JUST IN: Court Grants Senator Natasha Akpoti-Uduaghan Bail on Self-Recognition
News Top stories
Anambra State Orders Investigation After Viral Video Shows Possible Anti-Touting Squad Excesses
News
Kano Governor, Emir Sanusi, and Jigawa Leaders Attend Alhaji Aminu Dantata’s Burial in Saudi Arabia
News
Two Firefighters Killed in Idaho Wildfire Ambush as Gunman Opens Fire
International
FG Rewards 18 Civil Servants with Cars, Laptops for Outstanding Service
News
- Advertisement -
Ad imageAd image

You May Also Like

News

FG Allocates N1.6tn to States, FCT for Infrastructure and Security Over 15 Months

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
PoliticsTop stories

PDP Crisis Deepens as Rival Factions Prepare for Separate NEC and National Caucus Meetings in Abuja

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
Energy & Oil

Dangote Refinery Unveils N720bn CNG Truck Fleet to Slash Fuel Costs, Save Nigeria Over N1.7trn Annually

Muhammad A. Aliyu
Muhammad A. Aliyu
June 30, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?