MTN Nigeria

MTN MoMo PSB Revenue Rises By 8.1%, As Active Wallet Users Hit 5.3 Million In 2023

MTN Nigeria has announced that revenue from its MoMo Payment Service Bank (PSB) increased by 8.1 per cent while active… Read More

2 months ago

NCC Halts Impending Telecom Disruption As MTN, Glo Reach Agreement

Nigerian Communications Commission (NCC) has announced the suspension of the disconnection of Globacom Limited by MTN Nigerian Communications Plc. due… Read More

3 months ago

MTN Plans Financial Expansion With N52.895bn Recapitalization

MTN Nigeria has announced its plans to issue two series of commercial papers valued at N52.895 billion, signaling a strategic… Read More

6 months ago

MTN Records 75.7% Decline On PBT In Q3

MTN Nigeria Communications Plc reported a 75.7% decline in its profit before tax (PBT) for the third quarter of 2023,… Read More

6 months ago

Tribunal Orders MTN To Pay $72.5m For Tax Evasion, Exempts Penalties, Interest

The Lagos Zone Tax Appeal Tribunal has ordered MTN Nigeria Communications to pay a sum of $72,551,059 million, an equivalent… Read More

6 months ago

Financial Obligations Force MTN Nigeria To Borrow N125bn From Commercial Paper Investors

MTN Nigeria said its commercial paper issuance was oversubscribed in the capital market, leading to the company raising N125 billion,… Read More

8 months ago

MTN Nigeria To Raise N100bn Through Unsecured Commercial Paper

Telecommunications company, MTN Nigeria, has disclosed its intention to raise N100 billion through an unsecured promissory note, commercial paper.  In… Read More

9 months ago

Banks Adopt Plan To Repay MTN, Airtel, Others N120bn USSD Debt

Deposit Money Banks (DMBs) have adopted a repayment plan to resolve their faceoff with telecommunications firms over the use of… Read More

9 months ago

MTN Nigeria Experiences Glitches, As Pro-Niger Hackers Attack Firm’s Network

MTN Nigeria’s network was attacked by Pro-Nigerien hackers, Anonymous Sudan, on Wednesday. This was revealed by the hackers and an… Read More

9 months ago

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

MTN Nigeria and Airtel outperformed Globacom and 9mobile in the first five months of 2022, as the telecommunications industry recorded… Read More

10 months ago

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