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MTN making progress to resolve $10.1bn dispute with Nigeria

Motorists driving past a MTN billboard across Lagos-Ibadan expressway. AFP PHOTO

South Africa’s MTN Group is making progress in resolving a $10.1 billion funds repatriation and tax bill depute with Nigerian authorities, its CEO said on Tuesday.

“I believe we are making steady progress towards finding a resolution,” Rob Shuter told Reuters on the sidelines of a telecoms conference in Cape Town.

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