Karl Toriola

MTN Nigeria is telco’s top earner

Full-year results show increase in profit and growth of Fintech business.
Staff Writer
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.
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.
Sep 8, 2022

SA gov’t included in MTN top brass meeting

MTN Group hosted MTN Nigeria board and exco for strategy retreat.
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.
May 20, 2022

It’s a go for MTN’s MoMo in Nigeria

Operator poised to leverage 166,000-strong agent network.
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.
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.
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.
Dec 14, 2021

MTN Nigeria secures spectrum for 5G rollout

Company said move will help to achieve goals of the Nigerian National Broadband Plan.
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.