THE DEADLINE FOR THE FINE IMPOSED ON MTN BY THE NIGERIAN AUTHORITIES,HAVE BEEN EXTENDED.

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                     Today the Nigerian authorities said that the payment deadline has been extended while it looks into MTN's pleas for leniency .Shares in MTN have dropped by about 20 percent since the fine was first announced on October  the twenty six.MTN is seeking to have the fine reduced and has been in discussions with high ranking Nigerian officials.MTN has had the payment deadline for $5.two billion fine imposed on it for failing to disconnect unregistered SIM cards,has been extened  but the fine imposed on it still stands.

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