{"id":3046,"date":"2019-01-22T15:36:02","date_gmt":"2019-01-22T15:36:02","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=3046"},"modified":"2019-01-23T15:59:00","modified_gmt":"2019-01-23T15:59:00","slug":"mtn-has-paid-53m-to-settle-nigeria-dispute-central-bank","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/mtn-has-paid-53m-to-settle-nigeria-dispute-central-bank","title":{"rendered":"MTN has paid $53m to settle Nigeria dispute \u2013 central bank"},"content":{"rendered":"<p class=\"intro upper-first\">MTN has paid $53-million to settle a money transfer dispute with Nigeria&#8217;s central bank and the matter has been withdrawn from court, Governor\u00a0<strong>Godwin Emefiele<\/strong>\u00a0said on Tuesday.<\/p>\n<p>The central bank had ordered MTN and its lenders to bring back a total of $8.1-billion it alleged the company had illegally repatriated using improperly issued paperwork between 2007 and 2008.<\/p>\n<p>Emefiele said the money paid by MTN was a notional sum and that the company has been absolved from any wrongdoing, he said duing a monetary policy meeting at which the bank left interest rates on hold at 14%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTN has paid $53-million to settle a money transfer dispute with Nigeria&#8217;s central bank and the matter has been withdrawn from court, Governor\u00a0Godwin Emefiele\u00a0said on Tuesday. The central bank had ordered MTN and its lenders to bring back a total of $8.1-billion it alleged the company had illegally repatriated using improperly issued paperwork between 2007 [&hellip;]<\/p>\n","protected":false},"author":62,"featured_media":3048,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28,31],"tags":[246,106,314],"class_list":["post-3046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-miscellaneous","tag-community","tag-economy","tag-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MTN has paid $53m to settle Nigeria dispute \u2013 central bank - Nigeria<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/mtn-has-paid-53m-to-settle-nigeria-dispute-central-bank\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTN has paid $53m to settle Nigeria dispute \u2013 central bank\" \/>\n<meta property=\"og:description\" content=\"MTN has paid $53-million to settle a money transfer dispute with Nigeria&#8217;s central bank and the matter has been withdrawn from court, Governor\u00a0Godwin Emefiele\u00a0said on Tuesday. 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