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Lawyers, advisers set to pocket more than R1.3 billion of fees from the MTN...

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Lawyers, advisors and other professional services firms involved in reducing MTN’s fine in Nigeria are laughing all the way to the bank. By Gugu...

MTN Nigeria wins case against Etisalat

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MTN Nigeria wins court case against Etisalat Nigeria challenging the South African-based mobile phone operator's use of the 800 mega hertz (MHZ) spectrum following...

Fine threatens to bankrupt MTN Nigeria: CEO

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  The $3.9 billion (R59 billion) fine imposed on MTN Nigeria by the Nigerian Communications Commission (NCC) could bankrupt the mobile phone operator as it represents...

MTN Nigeria CEO Ikpoki resigns

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  MTN announced on Thursday that its Nigerian CEO, Michael Ikpoki, has resigned with immediate effect. By Gugu Lourie His resignation follows a $5.2 billion (R71...

MTN Nigeria hit with R71bn fine

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  MTN said on Monday its Nigerian division has been hit with a $5.2 billion (R71 billion) fine by the Nigerian Communications Commission (NCC), the country's...
MTN Nigeria

MTN Gets Regulatory Nod To Sell Up To 575 Million Ordinary Shares in Nigeria...

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MTN Group announced on Tuesday it had received approval from the Securities and Exchange Commission (SEC) to sell up to 575 million ordinary shares...
MTN

MTN Gets Approval In Principle To Operate MoMo Payment Service Bank In Nigeria

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The Central Bank of Nigeria (CBN) has finally given an approval in principle towards the licensing of MoMo Payment Service Bank (PSB) by MTN...
MTN Nigeria

MTN Plans To Sell Shares In Nigeria Operation Through Public Offer

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MTN Group announced on Thursday its plans to proceed with a public offer to sell up to 575 million shares in its Nigeria business...
MTN

MTN Plans To Invest R21 Billion In Nigeria To Expand Broadband

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MTN plans to invest $1.5 billion (R21 billion) over the next three years in Nigeria to expand broadband access across the continent’s most populous...
MTN

MTN Lost 1,7 Million Subscribers Hit By Nigerian SIM Registration

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MTN Group announced on Wednesday that it had lost 1,7 million customers in the quarter ended 31 March 2021 hit by new SIM registration...