MTN on Wednesday withdrew its lawsuit against the Nigerian Communications Commission over N1.04tn ($5.2bn) fine and paid N50bn ($250m) towards a probable settlement.
But the Federal Government said the next line of action would be determined after verifying the MTN’s payment claim.
The telecommunications company said its
decision was based on renewed steps towards a negotiated settlement and
to create a good atmosphere for further negotiations.
Speaking on the issue, the MTN Nigeria Chief Executive
