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A $2.2 Billion Nigeria Tax Demand Triggers MultiChoice Tumult

  • Africa’s biggest pay-TV firm slumps on order to make deposit
  • Crisis is the latest facing a South African group in Nigeria
Photographer: Pius Utomi Ekpei/AFP/Getty Images
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A dispute between Nigerian tax authorities and MultiChoice Group Ltd., Africa’s biggest pay-TV provider, intensified Wednesday, showcasing the risk international firms face as the continent’s largest economy tries to bolster revenue collections.