Wednesday 14 November 2018
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sunnewsonline - 6 days ago

S’Africa worried MTN Nigeria’s $10bn fine may threaten country’s financial stability

The Billions of dollars in fines owed by South African companies MTN and Standard Bank to Nigerian regulators could increase the risk to South Africa’s financial system, its central bank said on Wednesday. The concern comes as the Central Bank of Nigerian (CBN) last August accused the telecoms firm, MTN and lender Stanbic IBTC, a [ ] The post S’Africa worried MTN Nigeria’s $10bn fine may threaten country’s financial stability appeared first on The Sun Nigeria.

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