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MTN Nigeria - Page 3

Trillionaire Club: Five Most Valuable Companies In Nigeria Worth N19.32 trillion

The trillionaire club is not for everyone, nor is it for every company. Only a handful has made it to this exclusive list out of the over 150 companies publicly listed in the Nigerian stock market. As of Thursday, 4 May, there

May 5, 2023

Business·Technology

MTN Nigeria’s Fintech Business Grows By 1.2m Active Wallets In Q1

Highlights – MTN Nigeria’s MoMo PSB recorded a 1.2 million increase in active wallets in Q1, bringing the total to 3.2 million. – The company expanded its agent network to approximately 264,000 in the same period. – Fintech revenue increased by 8.6%

May 3, 2023

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Naira To Dollar Exchange Rate Hit N462, MTN, 11 Plc CEOs Lament

The Naira extended its gain against the United States Dollar to the third day of trading in the official market, as the foreign exchange (forex) rate between both currencies closed at ₦462/$1 on Thursday, 27 April. Prime Business Africa previously reported on

April 28, 2023

Business·Markets

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

With over N421.07 billion lost on Monday, 17 April 2023, the Nigerian stock market capitalisation dwindled from N28.26 trillion reported on Friday, 14 April, to N27.84 trillion. The All-Share Index shrank by 773 basis points, dropping from 51,893.94 ASI to 51,120.94 ASI. At

April 17, 2023

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

Business

MTN Nigeria Reduces Share Price Amid New Dividend Plan For Shareholders

MTN Nigeria has disclosed that shareholders who vote for its Scrip Dividend Election Plan at its upcoming annual general meeting (AGM) will be given a discount price for its shares. In a statement released on Thursday, 6 April 2023, to the capital

April 6, 2023

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

Business·Insights

9mobile Disappoints, MTN Dusts Airtel, Glo, As Telcos Gain 12.6m Internet Users

The battle for internet users in Nigeria in 2022 was won by MTN Nigeria, as the company recorded the highest growth in its data subscriber base, compared to Glo, Airtel Nigeria and 9mobile. Prime Business Africa’s analysis of data obtained from the

March 31, 2023

MTN Service Down Time Caused By Damaged Undersea Cables

Business·Markets

MTN Nigeria, Other Stock Investors Make N440.93 billion In One Day

Nigerian bourse ended Thursday’s trading activities with N29.64 trillion market capitalisation, as it increased by N440.93 billion from the N29.20 trillion it closed Wednesday’s session. The All-Share Index gained 809.41 basis points to rise from 53,603.8 ASI to 54,413.21 ASI. About 973.64 million shares, worth

March 30, 2023

Business

MTN Nigeria’s Momo Plans To Merge With Digital Financial Limited

The payment firm of MTN Nigeria, Momo Payment Service Bank Limited, will be merged with Yello Digital Financial Services Limited (YDFS). In a corporate document on Friday, MTN Nigeria said the board of directors are weighing the idea and have proposed it

March 17, 2023

Business

MTN Nigeria Proposes New Dividend Plan To Save Firm’s Retained Earnings

MTN Nigeria’s board of directors have proposed a scrip dividend plan that will see the company’s shareholders convert their dividends into shares instead of cash. The telecommunications company wants shareholders to limit their demand for cash during dividend payments in order to

March 17, 2023

Business

MTN Nigeria Borrows N125 billion For Operation Amid Musk’s Starlink Threat

MTN Nigeria has lent N125 billion through Commercial paper issuance, which was overbooked by investors in the securities market. In a corporate document dated 6 March 2023, MTN Nigeria informed the company’s shareholders and the investing public of the money borrowed from

March 7, 2023

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MTN Nigeria - Page 3

Trillionaire Club: Five Most Valuable Companies In Nigeria Worth N19.32 trillion

MTN Nigeria’s Fintech Business Grows By 1.2m Active Wallets In Q1

Naira To Dollar Exchange Rate Hit N462, MTN, 11 Plc CEOs Lament

Over N421.07 billion Lost By Investors In MTN Nigeria, Transcorp Hotels, Others

MTN Nigeria Reduces Share Price Amid New Dividend Plan For Shareholders

9mobile Disappoints, MTN Dusts Airtel, Glo, As Telcos Gain 12.6m Internet Users

MTN Nigeria, Other Stock Investors Make N440.93 billion In One Day

MTN Nigeria’s Momo Plans To Merge With Digital Financial Limited

MTN Nigeria Proposes New Dividend Plan To Save Firm’s Retained Earnings

MTN Nigeria Borrows N125 billion For Operation Amid Musk’s Starlink Threat

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