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New MTN CEO in Nigeria for talks over $5.2bn fine

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South Africa MTN Group’s Chief Executive Phuthuma Nhleko was in Nigeria, a source with knowledge of the matter told Reuters, as a deadline to pay a $5.2 billion fine for failing to disconnect unregistered SIM cards approached.
MTN has said it was continuing talks with the authorities in Nigeria over the fine.
Nhleko was named executive chairman of MTN for a period of up to six months after Sifiso Dabengwa stepped down as CEO with immediate effect on Monday.

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Robbers Broke ATM In Ebonyi state, Cart Away Over N10m

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HOODLUMS were Tuesday reported to have invaded an Automated Teller Machine (ATM) belonging to an old generation bank in the College of Agricultural Science, CAS, of the Ebonyi State University, Abakaliki. Sources said the hoodlums evaded all the security check points within the school and proceeded to the ATM where they allegedly carted away over N10 million which was earlier loaded in by the bank officials.
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