MTN Nigeria – Page 3 of 6 – Prime Business Africa

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

Fakoyejo Olalekan

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

Fakoyejo Olalekan

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

Fakoyejo Olalekan

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

Fakoyejo Olalekan

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

Fakoyejo Olalekan

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

Fakoyejo Olalekan

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

Fakoyejo Olalekan

March 7, 2023

Business

MTN Reacts, As Nigerians Criticise Network After Elon Musk’s Starlink Announcement

MTN Nigeria has been busy trying to pacify its data subscribers after the network firm owned by Elon Musk, Starlink, announced its presence in Nigeria on Tuesday, 31, January 2023. Starlink has

Fakoyejo Olalekan

January 31, 2023

Business

Ghanaian Gov’t Moves To Enforce $773 million Fine On MTN

Ghanaian tax administrator, Ghana Revenue Authority (GRA), has slammed MTN with GHS8,209,603,842.14 ($773 million based on dollar rate) fine for failing to declare the true state of its revenue. It was gathered that

Fakoyejo Olalekan

January 17, 2023

Business·Insights

Airtel, 4 Others Make List Of Most Valuable Companies In Nigeria

Only five companies made it into the most valuable firms’ list at the end of business activities in 2022, out of the over three million companies registered in Nigeria. The companies are

Fakoyejo Olalekan

January 2, 2023

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MTN Nigeria - Page 3

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

MTN Reacts, As Nigerians Criticise Network After Elon Musk’s Starlink Announcement

Ghanaian Gov’t Moves To Enforce $773 million Fine On MTN

Airtel, 4 Others Make List Of Most Valuable Companies In Nigeria

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