MTN Group shares fell almost 7% after Nigeria’s government said Africa’s biggest mobile operator evaded taxes and urged a Lagos court not to block a $2-billion penalty. The High Court of Lagos should throw out the Johannesburg-based company’s attempt to stop it from paying backdated taxes, TA Gazali, a government lawyer, said in court Tuesday.
MTN drops as Nigeria urges court not to block $2bn penalty
2019-03-26T11:25:06+00:00March 26th, 2019|