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Nigeria Suspend Sim Card Registration, Move May Hit MTN’s Festive Sales

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The Nigerian government has initiated a review of subscriber registration and ordered mobile operators, such as MTN, to suspend sale of new SIM cards. In...
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MTN To Invest R23bn To Expand Its Network In Nigeria

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Mobile phone group MTN announced on Wednesday plans to invest $1.6 billion(R23 billion) in Nigeria over the next three years to strengthen and expand...
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MTN Get Good News In Nigeria – $2bn Tax Demand Withdrawn

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The latest announcement by the Attorney General of the Federal Republic of Nigeria and Minister of Justice is good news for MTN Group, which...
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Nigeria, MTN’s Largest Market, Attracts 3.3m New Customers

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Nigeria, MTN's largest market by subscribers, attracted 3.3 million subscribers in the six months to end-June 2019. The South African-based firm announced on Friday that...
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Nigerian Court Postpones MTN’s $2BN Tax Case

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The Nigerian court has postponed the $2 billion tax dispute between South African telecoms company MTN Group and Nigeria's attorney general. Reuters reported today that...
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Is Nigeria Kicking Itself In The Foot With Another MTN “Scandal”?

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Nigeria's government risks damaging its investment climate with it's Central Bank demanding $8,1 billion (R115 billion) allegedly paid as a dividend to MTN to...

There’s Trouble Brewing Again for MTN in Nigeria

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By Staff Writer The Nigerian Senate has withdrawn a statement that largely exonerated Africa’s biggest mobile phone giant MTN of accusations of illegally repatriating $14...

Despite Huge Fine in Nigeria And Political Headwinds, MTN Rewards Investors 

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by Staff Writer MTN has described its performance in 2016 as reflecting “the most challenging year in the company's 22-year history”, which was a result...

MTN refutes “incorrect” allegations by Nigeria that it impromperly repatriated $14 billion

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Africa’s biggest mobile phone operator MTN on Monday reiterated its position on allegations that it improperly repatriated $14 billion out of Nigeria and describe...

MTN plans to list the Nigerian operation in 2017

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MTN is proceeding with the listing of its Nigerian operation on the Nigerian Stock Exchange. By Gugu Lourie Africa's biggest mobile phone operator is planning to...