finally agreed to pay the N1.04 trillion fine placed on i

 MTN has finally agreed to pay the N1.04 trillion fine placed on it last week by the Nigerian Telecommunications regulatory authority, the Nigerian Communications Commission (NCC).

Following series of meeting held timesofamerica.info between the management of MTN, from South Africa and Vice President, Prof. Yemi Osinbajo.

It was gathered, that MTN may have agreed to pay the fine to sustain the interest of its telecoms business.

Sources told Vanguard a new arrangement was reached at the series of meeting held at the weekend in Nigeria.

The source said, “There have been series of meeting at the Presidency between the Vice President Osinbaj timevinger.org o and MTN team both from South Africa and the Nigerian arm. MTN wanted a waiver considering their level of investments in the country, but government did not buy the idea of waiver. Instead, I think there will be concession, but certainly not a tincona.com waiver. At the conclusion of the meeting, the MTN people negotiated on 

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