October 23, 2018 / 5:53 AM / 8 months ago

MTN says still in talks with Nigeria over $8.1 bln transfer row

JOHANNESBURG, Oct 23 (Reuters) - Telecoms firm MTN said on Tuesday that it was continuing to hold talks with Nigerian officials to find a mutually acceptable solution to a dispute over the alleged transfer of $8.1 billion of funds.

“Shareholders are advised to continue to exercise caution when dealing in the company’s securities until a further announcement is made,” MTN said in a statement on the Johannesburg Stock Exchange, where its shares are listed. (Reporting by Alexander Winning; Editing by Sunil Nair)

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