MTN Nigeria share rallied on Thursday, exiting the loss it suffered on Tuesday, following approval of its dividend payment at the Annual General Meeting of the...
MTN Nigeria is under investigation by the House of Representatives Committee on Public Accounts following a N2.6 trillion tax waiver granted it by the Federal Ministry...
MTN Nigeria Communication Plc has raised N127 billion through commercial papers (CP). The N127 billion was raised through the issuance of series 1 &11 notes under...
MTN Nigeria Chief Risk and Compliance Officer, Cyril Ilok, has resigned a month after female employees in the telecommunications company alleged that he uses his position...
MTN Nigeria, Dangote Cement, Stanbic IBTC, and UAC Nigeria were selected as some of the stocks that should be on investors radar as the capital market...
The Central Bank of Nigeria (CBN) has granted MTN a final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed on...
As traders resume trading in the Nigerian stock market this week, investors need to watch out for the following stocks; Niger Insurance, MTN Nigeria and Guaranty...
Two of the three largest companies in Nigeria’s capital market, MTN Nigeria and Dangote Cement, are heading to the stock market to raise funds for their...
MTN Nigeria has announced that users with unregistered SIM cards won’t be the only subscribers prevented from making calls on its network, as telcos implement a...
Telecommunications companies are mulling increasing tariffs amid rising cost of diesel and worsening insecurity across their operational locations within Nigeria. The network providers under the umbrella...
Starlink, a satellite company owned by world richest man, Elon Musk, has changed the period it set to debut in the Nigerian market, amid plans to...
MTN Nigeria has commenced investigation into the s3xual harassment and fraud allegations made against some senior officers by some workers under the umbrella, ‘The Anonymous Whistle...
share slumped during trading hours on Friday amid s3xual harassment and fraud claims in the Nigerian subsidiary, MTN Nigeria, which happens to be its largest market...
Workers of MTN Nigeria are preparing for a strike over alleged inhumane treatment from the telecommunications company, with their union issuing a 14-day ultimatum starting February...
MTN Nigeria has given condition for the allotment of the bonus shares promised to prospective investors that participated in the telecommunications public offer last year December....
MTN Nigeria will be losing over 70% of its profit after tax (PAT) to investors holding the company’s stock, as they are set to cash out...
Begin your trading this week by looking out for Union Bank, MTN Nigeria, Japaul Gold and Eterna at the Nigerian capital market – if you wondering...
One month after MTN International Limited conducted an initial public offering of its shares in MTN Nigeria, investors who participated in the exercise are yet to...
Airtel Africa displaced its rival, MTN Nigeria, as the second most capitalised company and the largest telecommunications firm in the Nigerian capital market on Monday. MTN...
Shareholders of MTN Nigeria lost -1.34 percent of their investment in the telecommunications company on Wednesday, as its share closed negative in the capital market. MTN...
Following the approval of the 5 Generation spectrum to MTN Nigeria and Mafab Communication, the world’s two biggest plane makers, Boeing and Airbus, have warned against...
This week’s stocks watchlist consist of two Nigerian banks, First Bank Nigeria (FBN) Holdings and Guaranty Trust Holding Company. Also on the list are telecommunications companies,...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Chaka Technologies, a tech-enabled investment exchange, will be refunding subscribers to the MTN Group primary share offer, following an oversubscription within two weeks. Ripples Nigeria had...
Airtel Networks Limited, the Nigerian subsidiary of Bharti Airtel, lost out of the 5G network race in Nigeria, with MTN Nigeria and Mafab Communications Limited securing...
In ten months, the telecommunications industry lost 14 million internet subscribers, and the Minister of Communications, Isa Pantami, has attributed this to criminal activities. The Nigerian...
MTN Nigeria share slumped last week as sell pressure continued among shareholders engaging in profit-taking. Analysis showed that the capital market has been pricing the y’ello...
As investors resume to selling, buying and holding shares this week, stocks that should be on your watch list are MTN Nigeria, UPDC, NEM Insurance and...
MTN Nigeria, Airtel Networks Limited, and Mafab Communications Limited have made it into the next round of auction for the acquisition and deployment of the fifth...
MTN Nigeria’s market value declined on Wednesday as the telecommunications giant’s parent company, MTN Group, began part sell off of its stake in the domestic telco....
Investors at the Nigerian capital market lost N409.55 billion following the crash in equity capitalization by 1.18 percent at the close of trading on Wednesday. Consequently,...
MTN Group has announced a plan to reduce its stake in MTN Nigeria, a move that could be seen as the majority shareholder envisaging the stock...
MTN Nigeria and Airtel have both secured approval in principle for Payment Service Bank (PSB) license from the Central Bank of Nigeria (CBN) – but this...
For the first time, MTN Nigeria Communications Plc will put up its shares for sale to the Nigerian investing public. The transaction will total 575 million...
SCOA, MTN Nigeria, Oando and Nigerian Breweries made the list of stocks to watch this week, for various reasons that includes market capital and operational activities....
MTN Nigeria’s operational license has been renewed by the telecoms regulator, Nigerian Communications Commission (NCC) after paying N71.97 billion to remain in business. The y’ello network’s...
Every week comes with a new stocks to watch list, and this week consist of Champions Brew, Oando, MTN Nigeria and Airtel Nigeria. Their inclusion is...
Their capital market and off-market activities decisions are expected to have a positive or negative impact on shareholders’ investment during the course of trading. Ripples Nigeria...
MTN Nigeria produced an exceptional half-year performance, with all key revenue segments increasing from the previous year. Although its mobile subscribers declined by 7.6 million to...
This week, Berger Paints, UAC Nigeria, Seplat and MTN Nigeria made the stocks to watch list due to their off-bourse and capital market activities which positively...
This week, MTN Nigeria, Airtel, CWG and Cutix made the stocks to watch list due to their off-bourse and capital market activities which positively and negatively...
MTN Nigeria, Airtel Nigeria, Union Bank and Dangote Cement made the stocks to watch list this week with their on and off capital market activities which...
There were several activities in the business community last week, with companies conducting initial public listing or having their financial strength called into question. This is...
The business community was entertained by confrontation between regulators and companies last week. The companies involved in this faceoff didn’t come out as winners, as shareholders...
MTN Nigeria’s data revenue slowed in the first quarter of 2021, while its voice revenue rose faster in the same period when compared to the corresponding...
On this week’s Ripples Nigeria Stocks Watchlist, five companies were selected; MTN Nigeria, Dangote Sugar, BUA Cement, Japaul Gold and Guinness. These companies were selected based...
Last week, the Nigerian stock market recorded 21,732 deals, which saw 1.67 billion shares worth N23.54 billion exchanged hands. These figures reflect the market is in...
January was a disappointing period for Nigerian telecommunications companies in the consumer market, especially for MTN Nigeria and Airtel. Both networks lost the highest subscribers, with...
MTN Nigeria generated N1.34 trillion last year, recording a growth when compared to its 2019 earnings, but analysis of the telecoms financial statement showed MTN Nigeria...
The profit of MTN Nigeria for the 9 month period to September 2020 declined by 3.3% to N144.239 billion compared to the same period of 2019,...
