mtn

The Digest: Activists and protesters led by Omoyele Sowore stormed MTN Nigeria's head office in Abuja on Wednesday over the high cost of service. The protesters chanted "MTN Ole!" and demanded urgent action over what they described as exploitative pricing. One protester said, "We demand that...

The Digest: Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following recent attacks on Nigerians in South Africa. Speaking during plenary on Tuesday, Oshiomhole said the government should consider revoking the...

The Federal High Court in Abuja has restrained MTN Nigeria and Airtel Networks Limited from suspending or restricting services provided to Nairtime Nigeria Limited pending the determination of a substantive suit challenging regulatory actions linked to digital lending operations. In a ruling...

The Digest: MTN Nigeria has announced that its parent company, MTN Group, based in South Africa, will acquire a 60 percent stake each in MoMo Payment Service Bank (MoMo PSB) and Y'ello Digital Financial Services (YDFS) Limited for N95.5 billion. The transaction is a restructuring that will see...

The Digest: MTN Group has reached an agreement to acquire IHS Towers, one of the world's largest independent telecom infrastructure owners, in an all-cash transaction valued at approximately $6.2 billion enterprise value. Under the terms, IHS shareholders will receive $8.50 per ordinary share...

The Digest: MTN Nigeria has announced a temporary network shutdown in parts of three northern states. According to Vanguard, a scheduled two-hour maintenance on Friday, October 25, will affect 101 sites across 15 Local Government Areas to enhance network reliability and strengthen fibre...

The Digest: MTN Nigeria’s market capitalisation has soared to N10.07 trillion, overtaking Airtel Africa to become the most valuable company on the Nigerian stock market. The increase of N1.45 trillion was driven by a 16.9% surge in MTN’s share price from N410.6 to N480 per share over five...

The Digest: In a rare show of deep industry collaboration, MTN Nigeria has signed a three-year national roaming agreement with 9mobile, allowing subscribers of the latter to access MTN’s extensive infrastructure across the country. Key Points: The agreement, submitted to the Nigerian Exchange...

USSD banking is no longer free, the NCC now says your airtime, not your bank account, will be charged ₦6.98 per 120-second session. It’s a major shift aimed at ending a ₦250bn debt fight between banks and telcos. Charges move from bank accounts to mobile airtime ₦6.98 now applies per 120-second...

The Federal High Court in Abuja has scheduled September 25 for the arraignment of MTN Nigeria’s CEO, Karl Toriola, and three other executives. The group is facing allegations of obstructing a lawful investigation by the Federal Competition and Consumer Protection Commission (FCCPC) Toriola and...