MTN Nigeria – Page 2 of 6 – Prime Business Africa

MTN Service Down Time Caused By Damaged Undersea Cables

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 of N59, 298,475,000 billion back taxes to the Federal Inland Revenue Services

Emmanuel Ochayi

October 26, 2023

Business

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, a statement released to the Nigerian Exchange Limited disclosed. The telecommunications company

Fakoyejo Olalekan

August 31, 2023

Business

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

Fakoyejo Olalekan

August 17, 2023

Business

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

Fakoyejo Olalekan

August 9, 2023

Business

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 official in the network provider. Anonymous Sudan said it attacked the network

Fakoyejo Olalekan

August 4, 2023

Business·Insights

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 a 4.76 million increase in the number of active data subscribers. The

Fakoyejo Olalekan

July 20, 2023

Business

Data Prices, Airtime Tariff Set To Rise, As MTN, Airtel, Others Review Costs

MTN Nigeria, Airtel Africa and other telecommunications companies under the telco group, Association of Licensed Telecoms Operators of Nigeria (ALTON), have revealed they are planning to increase prices of data and call

Fakoyejo Olalekan

June 27, 2023

Tech News·Technology

MTN Leads As 6,855 Subscribers Ported In Q1

Nigerian Communications Commission (NCC) has released data indicating a notable movement of subscribers across mobile networks in the first quarter of this year.

Aka Ekene, PBA Journalism Mentee

May 24, 2023

Business

Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria

The personnel expenses of major Nigerian companies have increased to about N1 trillion in 2022, rising from N900 billion the year before, as the workforce skyrocket across several sectors. Note that the

Fakoyejo Olalekan

May 24, 2023

NCC Issues New Customer Guidelines To Network Providers, To Deactivate Unused Phone Lines

Business·Insights

MTN Nigeria, Airtel Lose Over 600,000 Call Subscribers To Glo, 9mobile

The number of active telephony subscribers in Nigeria fell in the first quarter of 2023 by 58,900 or 0.02 per cent, according to the telecommunications industry’s data analysed by Prime Business Africa. At

Fakoyejo Olalekan

May 19, 2023

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MTN Nigeria - Page 2

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

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

MTN Nigeria To Raise N100bn Through Unsecured Commercial Paper

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

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

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

Data Prices, Airtime Tariff Set To Rise, As MTN, Airtel, Others Review Costs

MTN Leads As 6,855 Subscribers Ported In Q1

MTN Nigeria, Airtel Lose Over 600,000 Call Subscribers To Glo, 9mobile

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