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Airtel

Nigeria's Economic Independence Struggle: The Foreign Telecom Giants, Naira's Dilemma

Holding MTN Nigeria Shares More Profitable Than Owning Airtel Shares

May 27, 2026

In the first quarter (Q1) of 2026, equity traders in the Nigerian Exchange (NGX), also known as the stock market, favoured MTN Nigeria’s shares over its market rival, Airtel Africa. According to

Business News·Top Stories

Investing In MTN More Profitable Than Holding Airtel’s Shares In 2025

January 19, 2026

In 2025, MTN Nigeria shares were more profitable than those of the telecommunications rival, Airtel Africa, in the Nigerian Exchange (NGX), also known as the stock market, according to Prime Business Africa’s

Business News·Celebrity News·News·Sports

January 15, 2026

Nigeria’s football authorities have threatened legal action against telecoms company Airtel Nigeria, accusing it of unauthorised marketing linked to the Super Eagles’ Africa Cup of Nations campaign. The Nigeria Football Federation (NFF)

Business News·Top Stories

MTN Attracted More NGX Investors Than Airtel, Legend Internet In Q3 2025

November 27, 2025

MTN Nigeria closed the third quarter of 2025 as the most sought-after telecommunications stock on the Nigerian Exchange (NGX) Limited, also known as the stock market, according to Prime Business Africa’s analysis.

Business News·Top Stories

MTN Overtakes Airtel As Most Valuable Company In Nigeria

August 4, 2025

Airtel has dropped from the top spot on the list of the most valuable companies in Nigeria to the fourth position, with MTN taking over the first position, according to data obtained

Business News·Top Stories

Airtel Nigeria’s Data Revenue Rises 40%, Voice Turnover Up 19% In Q2 2025

July 28, 2025

Airtel Africa said its revenue in Nigeria increased by 29.8 percent to $332 million in the second quarter of 2025, up from $256 million generated in the corresponding period in 2024. This

Business News·Top Stories

MTN Outperforms Airtel In Stock Market In Q2 2025

June 30, 2025

MTN shares outperformed Airtel in the Nigerian stock market in the second quarter (Q2) of 2025, according to Prime Business Africa’s analysis. PBA gathered that MTN share price rose by 45.91 percent

Business News·News

Airtel, MTN, Others Seek NCC Approval For Tariff Hike Amid Economic Challenges

April 26, 2024

Through the Nigerian Communications Commission (NCC), the Federal Government has been petitioned to hike tariffs by the Association of Telecom Companies of Nigeria and the Association of Licenced Telecom Companies of Nigeria.

Business News·News

Nigeria’s Economic Independence Struggle: The Foreign Telecom Giants, Naira’s Dilemma

February 10, 2024

In the bustling landscape of the Nigerian Stock Exchange (NGX), two foreign telecom giants, Airtel and MTN, have become towering figures, casting a shadow over the nation’s economic sovereignty. The undeniable fact

MTN, Airtel, Others To Bar Sim Not Link To NIN By February 2024

Business News·News

MTN, Airtel, Others To Bar Sim Not Linked To NIN By February 2024

December 19, 2023

The Nigerian Communications Commission (NCC) has instructed major telecom operators like MTN, Airtel, and Globacom to enforce complete network barring for all phone lines lacking National Identification Numbers (NINs) by February 28,

Business News·News

Nigerians Spend Over N2 Trillion On Airtime, Data In 9 Months, Reflecting Surging Internet Use

November 28, 2023

In the first nine months of 2023, Nigerian telecom subscribers’ expenditure on airtime and data skyrocketed to N2.59 trillion, as disclosed by financial statements from major telcos MTN Nigeria and Airtel Africa. This

News

Easy Guide To Sharing Airtime On Airtel Network With Latest Code

August 21, 2023

Do you possess an Airtel SIM card and are unsure about the process of transferring airtime within the Airtel network? Fret not, as transferring airtime between Airtel lines is a straightforward task

Business News·Insights

Data War Analysis: Globacom Loses Data Market Share, Over 300,000 Subscribers Stop Using 9mobile Internet Service

July 20, 2023

MTN Nigeria and Airtel outperformed Globacom and 9mobile in the first five months of 2022, as the telecommunications industry recorded a 4.76 million increase in the number of active data subscribers. The

NCC Urges Telecom Operators To Embrace Innovations In Sustainable Energy

News·Technology

Network Infrastructure: NCC Tasks MTN, Airtel, Glo, Others On Sustainable Energy

March 16, 2023

Amid global concerns on climate change, the Nigerian Communications Commission (NCC) has charged MTN, GLO, Airtel, 9Mobile and other mobile network operators to come up with innovations in sustainable energy while deploying

Amid Lawsuit, FG Removes 5% Excise Duty On Calls, Data

Business News·Insights

4 Nigerian Network Providers With Highest Subscriber Growth 2022

December 30, 2022

The number of active subscribers for telephony services or voice calls in Nigeria grew by 11.86 per cent year-on-year to 214.35 million at the end of October 2022. Prime Business Africa’s industry

Business News·News

Business Man Alleges Scam On Airtel Mifi Bought In Asaba Service Centre

December 25, 2022

has expressed anger and disappointment for being cheated with an Airtel Mifi device he bought for internet connectivity.

Naira Ends Week With Marginal Gain Against Dollar

Business News

MTN, Glo, Airtel To Start Selling Foreign Currencies Amid Forex Scarcity

October 25, 2022

Telecommunications companies like MTN, Glo, and Airtel can now sell foreign currencies, as the Central Bank of Nigeria (CBN) reveals guidelines for the supervision of Payment Service Banks (PSBs). MTN, Glo and

MTN Investors Earn N944bn In Three Months As Airtel’s Shareholders Record Zero

Business News·Insights

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

October 24, 2022

Within five days of trading, shareholders of telecommunications companies, Airtel Nigeria and MTN Nigeria lost a whopping sum of N1.93 trillion. Prime Business Africa (PBA) gathered that investment held in the only

Business News

Bank Customers Risk Losing Access To USSD Service, As Network Providers Threaten Banks

September 29, 2022

Customers of Nigerian banks risk losing access to the Unstructured Supplementary Service Data (USSD) of the firms, as MTN Nigeria, Airtel and other telecommunications company threaten to shut it down. Nigerian banks

Business News

Nigerian Gov’t Grants Mafab Communications 5-month Extension To Roll Out 5G Network

August 22, 2022

The Nigerian Communications Commission (NCC) has extended Mafab Communications’ 5G rollout timeframe, as the company announces it will miss the August 2022 deadline. Recall that the NCC had given MTN Nigeria and

Business News

Airtel, MTN, 9mobile Are Biggest Losers, As Nigerians Leave Network For Rivals

June 7, 2022

In the last four months, Airtel, 9mobile and MTN Nigeria were the biggest losers in the telecommunications market, as over 15,000 network users left one telco to the other, using the porting

Business News

Like MTN, Airtel Gets CBN’s Final Approval To Operate Agency Banking

April 26, 2022

Just like MTN, Airtel Africa Plc has received the Central Bank of Nigeria (CBN’s) final approval to operate as a super agent. Prime Business Africa had reported that MTN, two weeks ago,

Editorial

Editorial: Payment Service Banks And Matters Arising

January 26, 2022

Nigerians generally hailed breakthrough by MTN and Airtel in receiving CBN approvals for Payment Service Bank (PSB) licenses. The two giants, with over 65% of Nigeria’s telecom market share, have thus been

Business News

MTN, Airtel Lead Top Five Stocks As Investors Gain N252.41bn

November 10, 2021

MTN Nigeria Communications Plc and Airtel Africa Plc drove the top five stocks by value at the end of trading on the floor of the Nigerian Exchange Limited on Tuesday, with investors

Business News

MTN, Airtel Receive Approval to Operate Payment Service Bank

November 5, 2021

MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a Payment Service Bank (PSB) in the country. The two leading telcos disclosed in regulatory filings on the Nigerian

Technology·News

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