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CBN’s new diaspora remittance rules to open market

  • 27th March 2026

Middle East conflict threatens Nigeria’s economy – Cardoso

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FG launches major reform to revamp Nigeria’s cooperative

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Tinubu expands CNG initiative to include electric vehicles

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Naira closes week stronger at N1,534.72/$ 

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Tag: MTN Group

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MTN beats expectations with higher dividend after profit rebound

MTN Group declared a dividend well above analyst expectations on Monday as Africa’s largest mobile operator returned to profit, buoyed by an easing of the currency devaluations that had battered its earnings the previous year. The Johannesburg-based company announced a payout of five rand per share for 2025, against a median analyst estimate of 3.82 […]

MTN Nigeria to build infrastructure for network platform
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MTN to buy remaining 75.3% of IHS for $2.2bn

MTN Group announced it has reached an agreement to acquire the remaining 75.3 per cent of IHS Holding Limited in an all-cash transaction worth $2.2 billion. The company already holds a 24.7 per cent stake in IHS. In a statement on Tuesday, MTN said the deal will give it full ownership of IHS’ African tower […]

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MTN to develop AI-powered data centers in Africa

MTN Group, Africa’s largest telecom operator, is in advanced talks with United States and European firms to develop data centers across the continent to power artificial intelligence services. The move is part of the company’s strategy to fill Africa’s massive AI infrastructure gap and unlock new revenue streams, according to CEO Ralph Mupita. Mupita said […]

Telecommunications

MTN, Airtel sign network sharing agreements in Nigeria, Uganda

MTN Group and Airtel Africa has partnered to share network infrastructure in Uganda and Nigeria. This collaboration, aimed at promoting digital and financial inclusion across Africa, will also ensure compliance with local regulatory and statutory requirements. In a joint statement released on Wednesday, the two companies stated that the partnership aims to strengthen their commitment […]

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