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...
Investors at Airtel Africa made over N358.90 billion on Wednesday after the firm’s share value hit an All-Time High, while MTN Nigeria shareholders were left without...
Shareholders of MTN Nigeria, including the telecommunications company’s Chief Executive Officer, Karl Toriola, made a whooping N250.36 billion as its stock offer comes to an end...
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, Airtel, Eterna and Unilever made it into this week’s Ripples Nigeria Stock-To-Watch list as the capital market reopens for another five days of trading. Ripples...
Two major telecommunication companies in the country, Airtel and MTN Nigeria have been granted licenses to operate as Payment Service Banks (PSB) within Nigeria. Both companies...
Stocks to watch this week consist of MTN Nigeria, First Bank, Airtel Africa and Cornerstone Insurance. Their selection has been based on different factors that occurred...
MTN Nigeria subscribers were left in confusion on Saturday afternoon, following a sudden disconnection that has lasted for over four hours, and yet to be resolved...
MTN Nigeria is going ahead to borrow almost N90 billion from the debt market to fund its domestic operations. The credit will be obtained through bond...
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...
Network providers in Nigeria face a proposed fine of N200,000 if they fail to verify and validate their subscribers’ biometric, National Identity Number (NIN) and other...
MTN and Airtel were the biggest losers of the second quarter of 2021, as both network providers lost a combined 3.52 million data subscribers between April...
In a bid to increase available liquidity, telecommunications company, MTN Group, is selling off assets, while also abandoning some to force out its market exit. The...
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...
In the first six months of the year, Nigerian companies have raised a total of N233.32 billion in commercial papers. Commercial paper is a commonly used...
Over 1.27 million subscribers were lost in the month of May by MTN Nigeria, Globacom, Airtel Nigeria and 9mobile as the companies bleed amid their data...
President Muhammadu Buhari has urged MTN Group to lower data and call rates for Nigerians. This call was made when the group’s CEO, Mupita Ralph, and...
The Group President of MTN, Ralph Mupita, said on Thursday the management of the mobile network giant would sell an additional 14 percent stake in the...
MTN Nigeria has warned that growing insecurity might cause service disruptions in days to come. MTN reportedly disclosed this in a message to customers on Wednesday....
Globacom and MTN Nigeria were the biggest losers in April, after millions of subscribers dumped their network as Nigerians searched for balance between quality and low...
Nestle Nigeria, Nigerian Breweries, MTN Nigeria and Mutial Benefit made the stocks to watch list this week with their on and off capital market activities which...
MTN has added another country to its public listing roaster after its subsidiary in Rwanda went public in the Central African country. MTN Rwanda listed its...
MTN has raised N73.50 billion to finance its operation. The capital was raised through bond issuance of series III and Series IV under the commercial paper...
Telecoms company, MTN Nigeria, has agreed to return to the old percentage for commission on Unstructured Supplementary Service Data (USSD) to Nigerian bank, after a meeting...
At the end of the first quarter 2021, the top ten most capitalised companies on the Nigerian Stock Exchange (NSE) dipped by 6.82 percent in value,...
As the Nigerian stock market continues to underperform and cost investors billions in share value, there are companies whose capital market activity and off-market decisions need...
Banks in Nigeria have reconnected mobile network giants, MTN to banking channels including the Unstructured Supplementary Service Data (USSD) and banking apps. The banks disconnected MTN...
The Minister of Communications and Digital Economy, Isa Pantami, on Friday intervened in the dispute between commercial banks and mobile network operator, MTN Nigeria. The banks...
Banks in Nigeria have disconnected MTN from banking channels including Unstructured Supplementary Service Data (USSD) and banking apps due to disagreement over earnings. Customers of Guaranty...
Data war had no winner in January 2021, as all network providers lost in the first battle of the year. The clash cost the telecoms industry...
MTN group says it is yet to repatriate R4.2bn (over N106bn) profits made from Nigeria back to South Africa due to the challenge of accessing foreign...
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...
Despite the COVID-19 pandemic, MTN Nigeria, Nigeria’s largest mobile telecommunication operator, recorded a 15.1 percent increase in revenue in 2020. In the firm’s audited consolidated and...
The All-Share Index (ASI) appreciated by 1.21 percent to close at 41,584.94 index points at the end of Tuesday’s trading. In an impressive performance, a total...
Although, being a build up to the festive period with many tech startups closing their ventures for the year, notwithstanding, some companies, however, few compared to...
Lagosians on Monday ignored the COVID-19 protocols and stormed the National Identity Management Commission (NIMC) office in Alausa area of the state a bid to beat...
The Nigerian Communications Commission (NCC) on Monday said it had given the go-ahead for two Mobile Network Operators (MNOs), MTN Nigeria and 9Mobile to carry out...
These latest stories from the tech space will keep you updated with trends today. 1. Kenyan agri-tech startup Twiga Foods raises $29.4m Kenyan agri-tech startup Twiga...
The week that ended October is yet another noteworthy week. Not necessarily because it saw the expansion of some major Nigerian startups, but for featuring wins...
Johannesburg-headquartered telco, MTN Group, Friday said it had divested its 18.9% stake in loss-making Jumia, one of the biggest e-commerce platforms on the continent, raking in...
African telecommunications company, MTN Group, on Wednesday appointed Ralph Mupita the current Chief Finance Officer as the new president and Chief Executive Officer (CEO). The appointment...
Workers in the telecommunications sector on Tuesday gave a 14-day ultimatum to MTN Nigeria, to address the allegation of unfair labour practices in the company to...
Telecommunication giants, MTN Group LTD, has announced an intent to sell its stake in Iran’s ride-hailing app Snapp. This development, according to reports, will see the...
Wireless operator, MTN Nigeria Communications Plc said it would pay shareholders an interim dividend of N3.50 per share subject to deduction of withholding tax following the...
MTN Nigeria Communications PLC, the Nigerian unit of Johannesburg-based multinational wireless operator MTN Group Limited, Wednesday declared it grew its half-year 2020 revenue by 12.5% to N638.075...
Telecom giant, MTN Nigeria PLC Tuesday said it had completed the issuance of N100 billion Series I and II notes under the debut N100 billion Commercial...
The latest investment plan report of the Nigerian Investment Promotion Commission (NIPC) has revealed that MTN South Africa and nine other firms aim to commit the...
The Minister of Communications and Digital Economy, Dr. Isa Pantami on Tuesday said the 5G demonstration carried out by MTN Nigeria in November last year was...
MTN Group Limited said it would not back down from its plan to offload 15% of its shareholding in MTN Nigeria to indigenous investors even if...
MTN Nigeria Sunday said its team would start working from home as part of the precautionary measures to stop the spread of COVID-19 The company’s Senior...