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MTN Plunges After Nigeria Orders Refund of $8.1 Billion Dividend

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MTN Plunges After Nigeria Orders Refund of $8.1 Billion Dividend

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dividend MTN Group Ltd.

News : Business

MTN plunges after Nigeria orders refund of $8.1 Billion dividend

By Bloomberg
30 Aug 2018 | 10:30 am | 2m 15s

MTN Group Ltd. plunged to a nine-year low after Nigeria’s central bank ordered the return of $8.1 billion it alleges Africa’s largest mobile-phone company illegally moved out of the country.

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