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.
Samuel Mungadze
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1:30
ADB, MTN Group map out Africa's digital future
MTN Group CEO Ralph Mupita met with Dr Akinwunmi Adesina, President of the African Development Bank Group on the sidelines of the Businessday CEO Forum.
2:30
Could Nigeria become world's fifth-largest economy?
MTN Group CEO, Ralph Mupita called on the country’s new administration for a blueprint for building an inclusive digital economy, which includes skills development and a spectrum roadmap.
1:50
MTN Group reveals $3.5bn Nigeria investment plan
Chairman Mcebisi Jonas revealed the company’s plans on Friday when the telco’s executive and directors met Nigeria’s new president Bola Tinubu.
2:10
MTN calls for middle-path partnerships across Africa
The pan-African telco says there is a need to rethink partnership models between the public and private sector in support of national development agendas.
1:50
SA’s President Ramaphosa has identity mimicked
Impersonation attempts have been used to try and solicit money, the Presidency says.
2:40
MTN Group chair Mcebisi Jonas identity mimicked in CSI fraud
Mcebisi Jonas is being impersonated as false representatives reach out to the public requesting funding towards MTN foundation projects.
2:00
Zambia progresses with commercial 5G as MTN announces rollout
Operator plans to reach 100% 5G coverage in Lusaka, Kitwe and Ndola by the middle of 2023.
3:00
SA gov’t included in MTN top brass meeting
MTN Group hosted MTN Nigeria board and exco for strategy retreat.
3:10
MTN rallies to cement strategy of its two biggest markets
MTN Group affirms support for a bi-national conference for businesses operating in Nigeria and South Africa.
2:10
MTN deepens interest in Côte d’Ivoire with 5G trial
Operator plans to construct new headquarters in the West African country.
2:20
MTN Nigeria scouts for retail investors
Operator launches national roadshow, starting with Abuja, as part of efforts to enable enabling broad ownership across its operating companies.