Nigerian court postpones case between MTN and central bank

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File: The Nigerian central bank has accused the firm of illegally sending $8.1 billion abroad, which MTN has denied.

LAGOS - A Lagos judge on Tuesday postponed a hearing in an $8.1-billion (R110-billion) dispute between MTN Group and Nigeria's central bank.

The case will continue on 12 December after lawyers said they wanted to report back on settlement talks.

READ: Nigeria central bank decision sends MTN Group share price sliding

The central bank has accused the firm of illegally sending $8.1-billion abroad, which MTN has denied.

Lawyers for both parties told the court they were in talks to agree on a settlement.