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Nigeria records $21bn capital inflows in 2025

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Tag: MTN

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Transcorp, DMO, MTN win at NGX ‘Made of Africa’ awards

Transnational Corporation Plc, the Debt Management Office, and MTN Nigeria Communications emerged as major winners at the 2025 Made of Africa Awards organised by the Nigerian Exchange Group. The awards ceremony, announced on Thursday, celebrates institutions and individuals who promote excellence and strong performance in Nigeria’s capital markets. The recognition covers brokers, issuing houses, trustees, […]

MTN Nigeria to build infrastructure for network platform
Business

Senior MTN manager buys N40.9m in company shares

MTN Nigeria Communications Plc has disclosed that its Senior Manager, Financial Operations, Olugbenga Ojeranti, acquired 81,327 shares in the company for about N40.9 million. The shares were bought at an average price of N504, as part of a wave of insider share acquisitions announced after the company released its financial results in late October 2025. […]

MTN Nigeria enters cloud market with $100m data centre launch
Business

MTN urges accountants to adopt emerging technologies

As digital technologies transform global business operations, MTN Nigeria has urged accountants and finance professionals to retool, upskill, and adopt emerging technologies to stay relevant in today’s rapidly evolving digital economy. Speaking at the 55th Annual Accountants Conference of the Institute of Chartered Accountants of Nigeria, the company’s Chief Financial Officer, Mr. Modupe Kadri, emphasized […]

MTN Nigeria profits surges ahead of Q1 results amid profitability hopes
Tech

MTN to disrupt service in three states for fiber maintenance

MTN Nigeria has announced that subscribers in parts of Adamawa, Borno, and Kano states will face temporary service disruptions this weekend due to scheduled network maintenance on a damaged fiber route. In a notice issued Friday, the company said the exercise will take place on Saturday, August 24, 2025, affecting 101 sites across 15 Local […]

MTN winds down BEE scheme, pay out modest returns to investors
News

MTN winds down BEE scheme, pay out modest returns to investors

South Africa’s largest telecoms firm, MTN, will close its Black Economic Empowerment investment vehicle, Zakhele Futhi, on 28 July 2025, marking the end of a nine-year initiative aimed at broadening economic inclusion for Black South Africans. MTNZF shareholders will receive a total payout of $1.10 per share—the value of their initial investment—along with modest gains […]

MTN Nigeria profits surges ahead of Q1 results amid profitability hopes
Business

MTN deploys AI to boost network efficiency in Nigeria

MTN Group has commenced the large-scale deployment of artificial intelligence technologies to optimise network traffic and enhance service delivery in Nigeria, as part of its continent-wide digital transformation strategy. The initiative falls under the telecoms giant’s “MTN Genova” programme, which seeks to embed responsible AI into core operations across its African markets. In a statement […]

How FG can boost Nigeria's digital growth - Analyst
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MTN, 9mobile begin network-sharing trial ahead of July rollout

MTN Nigeria and 9mobile have started testing a major radio access network-sharing deal, with a full nationwide launch expected by the end of July, pending system stability confirmation. Under the agreement approved by the Nigerian Communications Commission, 9mobile—serving around three million subscribers—will tap into MTN’s wide-reaching radio access infrastructure while continuing to operate its own […]

MTN launches microinsurance arm 'Cover by MoMo' in Uganda
News

MTN launches microinsurance arm ‘Cover by MoMo’ in Uganda

The telecom giant MTN has launched Cover by MoMo, a digital microinsurance product aimed at expanding access to affordable insurance in Uganda. Rolled out in partnership with Sanlam, the service targets users typically excluded from traditional insurance systems. The offering is simple and accessible. Users can sign up via the MTN MoMo app or USSD, […]

Nigerian telecom users may pay higher charges in new tax law
Telecommunications

Network outages hit Kebbi, Sokoto, Zamfara as MTN, 9mobile suffer fibre cuts

Residents of Kebbi, Sokoto, and Zamfara states in Nigeria are currently experiencing network outages due to simultaneous fibre cuts affecting MTN and 9mobile. According to the Nigerian Communications Commission, the fibre cuts occurred around 7:09 pm on Thursday, May 29, 2025, and the disruption is still ongoing. As a result, people in the affected areas […]

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