October 30, 2018 / 8:56 AM / 20 days ago

Nigerian court adjourns case between MTN, central bank to Dec 4

LAGOS, Oct 30 (Reuters) - A Lagos judge adjourned a hearing on Tuesday in a $10.1-billion dispute between South African telecoms firm MTN Group and Nigeria’s central bank to Dec 4.

The central bank alleges the firm illegally sent $8.1 billion abroad, and the Nigerian government has demanded $2 billion in taxes from MTN.

MTN, which makes about a third of its annual core profit in Nigeria, has said the allegations are without merit. (Reporting by Chijioke Ohuocha and Didi Akinyelure Writing by Paul Carsten; editing by John Stonestreet)

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