MTN hosts Nigerian delegation to deepen ties

MTN Group’s fintech revenue grew year on year, boosted by outstanding performance in Ghana, Cameroon, and South Africa.

MTN Group says its team discussed working through partnerships to drive and advocate for accelerated digital and financial inclusion across Africa.

As part of its commitment to supporting national priorities and fostering sustainable societies, MTN is building up 52 basic health clinics in Nigeria.

The company said the increase in data was led by improved data bundle offerings, wide network coverage and enhanced capacity.

During its first quarter results, the telco outlined plans to counter Nigeria’s economic turbulence, including engaging with the authorities for the leeway to increase pricing.

The Nigerian business community paid tribute to the Wigwes at a memorial event yesterday, who died in a helicopter crash alongside five others in United States.

MTN Nigeria has stated that there is no going back on its decision to award the 2500 tower sites contract to the American Tower Corporation (ATC).

A significant movement in the exchange rate, resulted in higher forex losses with a knock-on effect on net finance costs.

MTN Group is considering its legal options after being ordered to pay $72.6 million in back taxes.

Karl Toriola, CEO MTN Nigeria, says the parks will accelerate the growth of the country's ICT sector.

Higher energy prices and growing costs reduced MTN profits, but the impact was mitigated by contingencies in its tower contracts and currency harmonisation.