MTN:  8,471   +50 (+0.59%)  18/10/2018 00:00

Nigeria's cenbank head to meet MTN and banks over $8.1 bln repatriation row -sources

LAGOS, Oct 9 (Reuters) - Nigeria's central bank governor is to meet representatives of telecommunications company MTN and banks on Tuesday to discuss a dispute over the repatriation of $8.1 bln, two sources with direct knowledge of the matter said.

The dispute is over the transfer of $8.1 billion of funds which Nigeria's central bank said the company had sent abroad in breach of foreign-exchange regulations.

(Reporting by Alexis Akwagyiram and Didi Akinyelure; editing by John Stonestreet)

First Published: 2018-10-09 11:11:01
Updated 2018-10-09 11:17:53


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