Tag: MTN Nigeria
MTN Nigeria records $4.3 billion revenue in 2022
MTN Nigeria has registered revenues of ₦2 trillion ($4.3 billion), according to its financial results for the year ended December 31, 2022.The amount is...
MTN Nigeria to build road in exchange for N203 billion tax...
Under a Nigerian Federal Government Tax Credit Scheme, MTN Nigeria has received approval to complete a 110-kilometer dual carriage expressway from Enugu to Onitsha...
MTN Nigeria, Ericsson launch commercial 5G services
MTN Nigeria and Ericsson have reached a historic milestone with the successful launch of 5G services in the west African country.This landmark deal is...
MTN Nigeria to launch US$46 million Bond in weeks – Sources
A N200 billion (US$46 million) bond initiated by MTN Nigeria may launch in the next few weeks, TechEconomy has quoted sources familiar with the...
MTN Group to reduce its shareholding in MTN Nigeria to 65%
MTN Group has indicated interest to reduce its shareholding in MTN Nigeria to approximately 65%, TechEconomy.ng can report.Nigeria is the Group’s most lucrative market...
MTN launches 5G in Nigeria
MTN Nigeria became the first telco in Nigeria to roll out 5G mobile network, but reports say the network is not yet "everywhere you...
MTN and Airtel’s H1 2022 reports reveal challenges of operating in...
Recently, telco giants, Airtel Africa and MTN Nigeria, released their 2022 first half (H1) financial reports. The financial reports, although stellar by many standards, were impacted...
MTN Nigeria Sees massive Fintech boom already
MTN Nigeria today announced its unaudited results for the half-year ended 30 June 2022, showing substantive growth, particularly in its fintech wing, on the...
Nigeria: MTN Bank wrongfully transfers ₦22.3 billion to 8,000 customers
MTN Nigeria's newly licensed Mobile Money Payment Service Bank Limited (MoMo PSB) has dragged 18 Nigerian banks to court to retrieve ₦22.3 billion (US$53.7...
MTN Nigeria approved to operate Payment Service Bank
Nigeria's telecoms market leader, MTN, has received the final approval to operate as Mobile Money Payment Service Bank (Momo PSB).The approval was granted by...