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25 September 2018

Nigeria's central bank governor optimistic over $8.1 bln MTN transfer dispute

ABUJA, Sept 25 (Reuters) - Nigeria’s Central Bank Governor Godwin Emefiele said on Tuesday he was optimistic the bank would resolve a dispute linked to allegations that South African telecom firm MTN moved funds out of the country illegally.
The bank month ordered MTN and its banks to bring $8.134 billion back into the country that MTN allegedly had sent abroad in breach of foreign exchange regulations. 

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