Karl Toriola

MTN Nigeria is telco’s top earner

Full-year results show increase in profit and growth of Fintech business.
Staff Writer
2:50
Oct 31, 2022

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
Oct 28, 2022

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
Sep 8, 2022

SA gov’t included in MTN top brass meeting

MTN Group hosted MTN Nigeria board and exco for strategy retreat.
3:50
Aug 2, 2022

MTN’s Ghana and Nigeria businesses keep momentum up for operator

Despite challenges like NIM/SIM registration, rising inflation, fuel prices and supply chain issues, MTN continues to leverage strong performance of its African subsidiaries.
2:50
May 20, 2022

It’s a go for MTN’s MoMo in Nigeria

Operator poised to leverage 166,000-strong agent network.
4:30
Apr 29, 2022

MTN Nigeria has plans in place to protect margins

Operator expects impact by NCC’s directive on NIN-SIM linkage, higher energy-related costs and investment required to launch MoMo Payment Service Bank.
3:10
Mar 14, 2022

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.
3:30
Jan 31, 2022

MTN Nigeria records sturdy full-year growth

Data, Fintech, and accelerated digital adoption continue to anchor MTN's performance in the year ended December.
2:00
Dec 14, 2021

MTN Nigeria secures spectrum for 5G rollout

Company said move will help to achieve goals of the Nigerian National Broadband Plan.
2:20
Dec 2, 2021

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.