MTN Experiences First Annual Loss in 20yrs after Nigeria Fine
02/03/2017Africa’s mobile phone operator MTN Group swung to its first annual loss in two decades on Thursday, hit by a regulatory fine in Nigeria and unfavourable currency moves but.
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Nigeria Must Not Scare Away MTN, Says Communications Minister
23/01/2017By Camillus Eboh and Paul Carsten Nigeria must not scare away MTN, its minister of communications said, as lawmakers investigate alleged illegal money transfers just three months after the government.
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Nigeria Approves Transfer of Visafone Shares to MTN Following Takeover
12/10/2016Nigeria’s telecommunications regulator NCC said on Tuesday it has approved a request by internet provider Visafone to transfer its shares to MTN following its takeover by the South African firm..
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MTN Denies Illegal Transfer of $14 Billion from Nigeria
28/09/2016South African telecoms giant MTN on Wednesday denied an allegation that it had illegally repatriated $13.92 billion from Nigeria, saying the claim was without merit. Lawmakers in the upper house.
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MTN Continues to Drive Economic Growth and Development in Nigeria
23/06/2016By: Ehis Ayere It is somewhat compelling that MTN Group has recently announced a decision to more than double capital spending to a tune of U.S. $726 million to improve.
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MTN to Double Spending in Nigeria
15/06/2016MTN Group has recently announced that it will more than double capital spending in Nigeria in the 2016 fiscal year, days after agreeing to pay a heavily reduced penalty to.
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Development Stories
MTN Sponsors 24 Youths To One Young World Summit
21/09/2013MTN, the National Host Sponsor of the 2013 One Young World Summit, the first to be held in Africa, selected 24 youth delegates from 19 of its markets across Africa.
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Entrepreneurship
MTN, Jumia Partner To Boost E-commerce In Nigeria
11/09/2013Nigeria’s largest telecommunications network, MTN has partnered with online retail store, Jumia, to enable customers who purchase mobile phones from the store gain free access to the digital world for six.
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