JOHANNESBURG, March 3 South Africa-based MTN’s share price made its biggest daily gain in more than seven years on Thursday after the regional mobile phone giant said it had set aside $ 600 million to settle its dispute with Nigeria over a $ 3.9 billion fine. Last week MTN said it had withdrawn a lawsuit over the fine, imposed for failing to disconnect unregistered users of its mobile network in Nigeria, and made a “good faith payment” of $ 250 million towards reaching an amicable settlement instead.
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