MTN join other Nigerian firms to celebrate Herbert Wigwe
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.
Samuel Mungadze
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2:10
2:20
MTN Nigeria says tower contract award to ATC is conclusive
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).
2:50
Nigeria’s protracted forex market challenges hurt MTN profits
A significant movement in the exchange rate, resulted in higher forex losses with a knock-on effect on net finance costs.
3:30
MTN prepares for fresh tax fight in Nigeria
MTN Group is considering its legal options after being ordered to pay $72.6 million in back taxes.
1:20
MTN pushes Nigerian states to invest in ICT parks
Karl Toriola, CEO MTN Nigeria, says the parks will accelerate the growth of the country's ICT sector.
2:30
MTN Nigeria's profit falls as inflation eats at earnings
Higher energy prices and growing costs reduced MTN profits, but the impact was mitigated by contingencies in its tower contracts and currency harmonisation.
3:10
MTN in Nigeria posts first quarter profits, after riding strong headwinds
MTN Nigeria profit before tax increased by 8.5%, while profit after tax (excluding non-controlling interest) increased by 3.8%.
3:50
MTN Group reports 2022 runaway success, bumps dividends
The mobile operator reported an expansion in return on equity to 23.4% and a 10% increase in the dividend to 330 cents per share in full year results 2022.
2:00
MTN Nigeria is telco’s top earner
Full-year results show increase in profit and growth of Fintech business.
2:50
Toriola applauds MTN Nigeria’s fiscal discipline on back of strong Q3
Operator acknowledges tough macroeconomic conditions. Annual inflation rate in Nigeria rose to 17-year high of 20.8% in September this year.
1:30
MTN Nigeria secures €100m from EIB to bolster coverage
This is the European Investment Bank’s largest ever financing for high-speed telecommunications in Africa.
3:00
SA gov’t included in MTN top brass meeting
MTN Group hosted MTN Nigeria board and exco for strategy retreat.