MTN Archives

MTN Nigeria profits surges ahead of Q1 results amid profitability hopes

MTN overtakes Dangote cement as NGX’s most capitalized stock

MTN Nigeria has emerged as the most capitalized listed company on the Nigerian Exchange, with its market valuation reaching N9.91 trillion at the close of trading on July 31, 2025. The telecom giant’s share price closed at N472, more than doubling from N200 at the start of the year. This sharp rise added N5.71 trillion […]

monwubukepdnlimited-com
2nd August 2025
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156 Views

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 […]

aomenyepdnlimited-com
16th July 2025
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178 Views

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 […]

monwubukepdnlimited-com
11th July 2025
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397 Views

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 […]

monwubukepdnlimited-com
4th July 2025
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173 Views

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, […]

aomenyepdnlimited-com
3rd July 2025
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334 Views

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 […]

monwubukepdnlimited-com
30th May 2025
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461 Views

Telecommunications

MTN South Africa to offer 4G smartphones to 1.2m customers

Alex Omenye MTN South Africa has announced a major initiative to distribute 4G smartphones to 1.2 million of its prepaid customers at heavily subsidized prices, as the country prepares to phase out 2G and 3G networks by the end of 2027. The telecoms giant said on Monday it will sell smartphones for as little as […]

monwubukepdnlimited-com
5th May 2025
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483 Views

Telecommunications

MTN hits ₦1tn revenue in Q1 after February tariff increase

MTN Nigeria reported a revenue of N1 trillion in the first quarter of 2025, driven largely by the tariff increment implemented in mid-February. This marks a 40.5% increase compared to Q1 2024, despite the tariff adjustment’s full impact yet to be fully reflected in the results. MTN returned to profitability in Q1 2025, reporting a […]

monwubukepdnlimited-com
30th April 2025
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260 Views

MTN confirms cyberattack, says core systems remain unaffected

Africa’s largest telecom operator, MTN Group has disclosed a cybersecurity breach that exposed personal data belonging to some customers in select markets. However, the company assured the public that its core infrastructure remains secure. In a statement released on Thursday, MTN said an unknown third party had gained limited access to parts of its systems. […]

aomenyepdnlimited-com
25th April 2025
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268 Views

MTN has been given the approval to take over the Enugu-Onitsha Expressway construction under the road Infrastructure Tax Credit Scheme of around ₦202.8 billion.

MTN challenges Netflix, Showmax with launch of streaming platform

One of Africa’s leading telecommunications providers, MTN Group, has entered a strategic partnership with UK-based video software firm Synamedia to create a new streaming platform for mobile and fixed broadband users across the continent. The collaboration aims to enhance digital content accessibility and meet the changing preferences of African audiences. MTN Group’s Chief Commercial Officer, […]

aomenyepdnlimited-com
7th April 2025
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528 Views

MTN, Airtel generate N3.67trn data, voice revenue in 2024 H1

News

MTN, Airtel cut $1.2bn debt to reduce FX burden

MTN Nigeria Communications Plc and Airtel Africa have significantly reduced their foreign debt, repaying a total of $1.2 billion in 2024. This move aims to ease the burden of foreign exchange volatility and support their return to profitability. After the naira’s sharp depreciation in 2023, MTN Nigeria and Airtel Africa recorded $1.56 billion in foreign […]

monwubukepdnlimited-com
10th March 2025
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322 Views

MTN Nigeria to build infrastructure for network platform

News

MTN partners auto manufacturers to boost local content

MTN Nigeria has partnered with automobile manufacturers Nord and GAC Motors to support local content policy and promote made-in-Nigeria products. As part of the collaboration, the company procured 33 vehicles for its customer-facing teams in Lagos and the North, including 22 locally assembled cars. The remaining 11 vehicles further strengthen MTN’s operational initiatives, the company […]

monwubukepdnlimited-com
9th March 2025
0 Comments
245 Views

Otedola deepens stake in First HoldCo with fresh

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DMO announces N600bn FGN bond auction for May

DBN, AfDB seal $61m deal to boost credit

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Tag: MTN

MTN overtakes Dangote cement as NGX’s most capitalized stock

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

MTN deploys AI to boost network efficiency in Nigeria

MTN, 9mobile begin network-sharing trial ahead of July rollout

MTN launches microinsurance arm ‘Cover by MoMo’ in Uganda

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

MTN South Africa to offer 4G smartphones to 1.2m customers

MTN hits ₦1tn revenue in Q1 after February tariff increase

MTN confirms cyberattack, says core systems remain unaffected

MTN challenges Netflix, Showmax with launch of streaming platform

MTN, Airtel cut $1.2bn debt to reduce FX burden

MTN partners auto manufacturers to boost local content

Amazon shuts down Rufus chatbot, unveils Alexa for.

Otedola deepens stake in First HoldCo with fresh.

PenCom removes approval requirement for PFA advertisements

Sam Altman takes stand in high-stakes legal clash.

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