16th of November Deadline set for MTN Nigeria to pay $5.2 billion fine

Nigeria's telecoms regulator said it has set a November 16 deadline for South African mobile giant MTN and Nigeria’s largest network provider to pay the sum of $5.2 billion fine for missing a deadline to disconnect unregistered users SIM cards.

Sometimes in August, NCC issued a directive to all mobile telecommunication companies operating in Nigeria to deactivate all unregistered SIM cards within seven days or face severe sanctions. MTN Africa's largest telecoms firm which had more than 62.8 million subscribers in Nigeria missed the deadline to deactivate its 5.1 million unregistered subscribers, prompting a 200,000 Naira ($1,000) fine for each unregistered SIM.

The penalty saw the company's shares crash on the Johannesburg Stock Exchange and raised questions about the renewal of its license in Nigeria next year if the fine goes unpaid. Under the law, the NCC's has the power to grant or revoke permits.

Comments

Busty teen who allegedly had sex with dozens of police officers sparks new investigation

A Busty teenager has sparked investigation after she alleged sex with dozens of cops on Facebook. 18 year old Celeste Guap, posted and boasted she was involved in a sex scandal with cops. Sources now have that she may have been involved with the dozens of officers, beginning from when she was an underage.

soulja boy sentenced to 240 days in jail

Soulja Boy is going to be spending the next several months in jail. After getting arrested on a probation violation in early April, Soulja was being held without bail and he’s going to be in lock up for 240 days. Soulja was on probation for a weapons case all the way in 2014. He wasn’t supposed to be around guns, but he did . A woman went to the police and alleged that he had held her against her will, when the police went to investigate, they found guns in Soulja’s house and he was arrested.

I am sexually attracted to my Mother says 19 years old young man

Mother and son A 19 year old young man, Shane Burke tracked down her birth mother, Rose Bestall, 35, after 14 years since she gave him up for adoption. Rose Bestall was only 16 years old when she gave to Shane Burke, and was age 21 when she was forced to give him up for adoption.

Thealbertinepost

Search This Blog