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MTN Nigeria - Page 2

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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, amounting to N32.08 billion. This contrast with the N132.04 billion recorded in the same quarter of the previous year might seem concerning
October 30, 2023
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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 a corporate document released to the capital market authority, Nigerian Exchange Limited (NGX), on Wednesday, MTN Nigeria proposed issuance of up to
August 17, 2023
Banks Adopt Plan To Repay MTN, Airtel, Others N120bn USSD Debt

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 the Unstructured Supplementary Service Data (USSD) service by the banks’ customers. The financial institutions are owing MTN Nigeria, Airtel, Globacom and other
August 9, 2023
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