Nigeria Suspends Talks on MTN’s Record Fine as Lawmakers Probe

  • House of Representaives investigating phone company’s penalty
  • MTN of South Africa fined $3.9 billion in Nigeria last year

Nigeria has suspended talks with MTN Group Ltd. about a record $3.9 billion fine on the wireless company indefinitely while the country’s House of Representatives completes an investigation into the size of the penalty and how it was delivered.

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