MTN to partner Starlink, expand service in Nigeria, others
The Pan-African telecommunications business, MTN, has stated that it is in talks with numerous satellite service providers, including Elon Musk’s Starlink, in order to…
MTN
MTN Nigeria raises N72.1bn via Commercial Paper issuance
MTN Nigeria Communications Plc has concluded series 10 commercial paper issue as part of its expanded N250 billion commercial paper issuance strategy.…
2,500 ATC towers deal still stands – MTN Nigeria
Technology company, MTN Nigeria, has announced that it has no intention of changing its mind about leasing 2,500 of its tower sites to…
MTN, Banking stocks fuel NGX’s bullish run
This week’s first trading day saw investors gain N70 billion, which gave the Nigerian Exchange Limited a positive start. The Punch reported…
Nigerians spent N2.6tn on data, airtime in nine months – Report
In the initial nine months of 2023, Nigerian telecom subscribers spent a minimum of N2.59 trillion on airtime and data,…
MTN re-examines tower contracts over fuel, foreign exchange expense
MTN Nigeria is currently renegotiating periodic reviews of the company’s tower contracts. The Punch reported that the company pointed out that these contract…
Dangote, MTN, others suffer N918.1bn loss on currency revaluation
Eight companies have reported a total currency revaluation loss of N918.1 billion due to a 68.55 percent depreciation of…
MTN suffers system glitch, wipes customers debt
A system glitch in MTN’s system structure has led to the payment of loans owed by subscribers of the network in the…
MTN raises N52.89bn through commercial papers
MTN Nigeria successfully raised N52.89 billion through its Series 8 & 9 Commercial Paper issuance, part of its N250 billion Commercial…
How Nigeria’s economic reforms affected MTN – CEO
By Christian George The Chief Executive Officer of MTN, Ralph Mupita, said that the economic reforms in Nigeria are a shock…
MTN, Flour Mills, others cut NGX market valuation by N67bn
The market’s reaction to the Supreme Court’s ruling on the 2023 general election cases has resulted in a N67 billion decline in the market capitalization…
Active mobile subscriptions fall to 220.71m in August – NCC
The number of active mobile subscriptions in Nigeria declined slightly by 0.07% to 220.71 million in August 2023 from 220.86 million in…