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MTN Nigeria - Page 4

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

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 been in discussion with the representatives of the Nigerian Communications

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 the tax authority conducted an audit of MTN’s turnover between

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 members of the prestigious trillion-naira club. They are publicly-listed firms

January 2, 2023

Amid Lawsuit, FG Removes 5% Excise Duty On Calls, Data

Business·Insights

4 Nigerian Network Providers With Highest Subscriber Growth 2022

The number of active subscribers for telephony services or voice calls in Nigeria grew by 11.86 per cent year-on-year to 214.35 million at the end of October 2022. Prime Business Africa’s industry analysis showed that the number increased by 22.73 million within

December 30, 2022

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

Business·Insights

Data War: 9mobile Loses Over 970,000 Data Subscribers, As Airtel Outperforms MTN, Glo

In the first nine months of 2022, 9mobile suffered a significant loss in its internet subscriber base, with Airtel Africa recording the highest growth compared to MTN Nigeria and Globacom. As the data war hots up, 9mobile lost 974,543 internet subscribers between

December 13, 2022

MTN Investors Earn N944bn In Three Months As Airtel’s Shareholders Record Zero

Business·FEATURES·Insights

Airtel Outperforms MTN As Investors Make N941 billion In 5 Days

Airtel Africa outperformed MTN Nigeria in the Nigerian Stock Exchange last week, giving its investors more to celebrate than the ‘y’ello network’ gave its shareholders. During trading last week, Prime Business Africa (PBA) learnt investors at Airtel and MTN made a whopping

November 28, 2022

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

Business

MTN Reveals Nigerian Subscribers To Experience Network Disruption

Subscribers of MTN Nigeria will have network problems on Tuesday, the telecommunications company said in a message sent on Sunday, and seen by Prime Business Africa. MTN Nigeria said it will be conducting system upgrade on November 8, 2022, and this will

November 7, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business

MTN, Glo, Airtel To Start Selling Foreign Currencies Amid Forex Scarcity

Telecommunications companies like MTN, Glo, and Airtel can now sell foreign currencies, as the Central Bank of Nigeria (CBN) reveals guidelines for the supervision of Payment Service Banks (PSBs). MTN, Glo and Airtel have branched into financial service market through their subsidiaries;

October 25, 2022

Business·Insights

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Within five days of trading, shareholders of telecommunications companies, Airtel Nigeria and MTN Nigeria lost a whopping sum of N1.93 trillion. Prime Business Africa (PBA) gathered that investment held in the only quoted network providers by Nigerian and foreign shareholders fell by

October 24, 2022

Business

Bank Customers Risk Losing Access To USSD Service, As Network Providers Threaten Banks

Customers of Nigerian banks risk losing access to the Unstructured Supplementary Service Data (USSD) of the firms, as MTN Nigeria, Airtel and other telecommunications company threaten to shut it down. Nigerian banks are said to be owing network providers about N80 billion

September 29, 2022

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MTN Nigeria - Page 4

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

4 Nigerian Network Providers With Highest Subscriber Growth 2022

Data War: 9mobile Loses Over 970,000 Data Subscribers, As Airtel Outperforms MTN, Glo

Airtel Outperforms MTN As Investors Make N941 billion In 5 Days

MTN Reveals Nigerian Subscribers To Experience Network Disruption

MTN, Glo, Airtel To Start Selling Foreign Currencies Amid Forex Scarcity

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Bank Customers Risk Losing Access To USSD Service, As Network Providers Threaten Banks

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