MTN is expecting to report an earnings improvement of at least 20 per cent for the year ended 31 December 2018.
This is according to a trading statement released by the JSE-listed company.....
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The president and chief executive officer of MTN Group, M. Rob Shuter, has disclosed that MTN Nigeria, its largest subsidiary would list on the Nigeria Stock Exchange (NSE) before the end of this year.
Speaking at an interview with CNBC Africa on the sidelines....
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Telecommunications giant MTN Nigeria has opened talks with the Kogi State Internal Revenue Service (KGIRS), following the shut down of its base facilities.
In a statement by Tobechukwu Okigbo, MTN’s Corporate Relations Executive, the telco, however, maintained it had paid all necessary...
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Two years after MTN Nigeria’s initial public offering (IPO) plan was extended due to ‘conditions that are not inconducive‘, the Chief Executive Officer of MTN Group, Rob Shuter disclosed that its local subsidiary will list on the Nigeria Stock Exchange (NSE) this year.
Shuter told CNBC at the...
What are the details of the resolution of the dispute between the Central Bank of Nigeria (CBN) and telecommunication giant MTN Nigeria on the alleged improper repatriation of about $8.13 billion?
A Non-Governmental Organisation (NGO) is asking the question following the adoption of an...
As part of its continued effort to provide bespoke and seamless connectivity solutions to individuals and business enterprises in the country, MTN Nigeria has deployed Corporate Wide Area Network Service (CWAN) across 139 locations of the Nigerian National Petroleum Corporation (NNPC).
The...
MTN Nigeria may have reached a settlement with the Central Bank of Nigeria pertaining to ...
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The Central Bank of Nigeria (CBN) yesterday said it had reversed its sanction on MTN Nigeria Limited, imposing a refund of $8.1billion the telecom company had remitted abroad in violation of foreign exchange …
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Indications have emerged that ç is exploring the possibility of an out-of-court settlement with the Central Bank of Nigeria (CBN) over the $8.1 billion fine slammed on the telecoms firm last August.
MTN had filed a suit to challenge a directive by the CBN directing it to …
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Strong indications emerged yesterday of a stiff opposition against alleged arrangements by the Federal Government to reduce the $8.1 billion fine imposed on the communication giant, MTN, to $800 million.…
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In a bid to provide more Nigerians with access to the benefits of a digital world, MTN Nigeria in partnership with Sterling Bank and PayJoy recently launched a Device Financing Scheme (DFS) to provide customers (who …
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MTN group’s problems in Nigeria is a major challenge to South Africa’s financial stability, the rainbow nation’s central bank explained in its second semi-annual financial stability review published on November 7, 2018.
In late September 2018, Central Bank of Nigeria (CBN) required $8bn of...
A demand from the Attorney General of the Federation (AGF), Mr. Abubakar Malami (SAN) on MTN Nigeria Communication Ltd for the payment of N242 billion and $1.3 billion, representing import duties, withholding tax and value added tax, is now a subject of litigation before Justice Chukwujekwu...
National Independent Wireless Broadband Quality Reporting (NIWBQR) service, which compares the quality of RF deployment for LTE amongst service providers in Nigeria, has rated Glo first in LTE downlink throughput, second only to MTN.
NIWBQR reported that Glo appeared to have now capped its...
A formal partnership has been launched between MTN and top Nigerian actress, Dakore Egbuson-Akande, who now …
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Following the fall-out of Central Bank of Nigeria (CBN) imposed $8.1 billion fine on MTN Nigeria over its alleged involvement in illegal repatriation of funds, the United Kingdom (UK), United States (U.S.) and the Lagos Chamber of Commerce and Industry (LCCI), have warned the Federal Government...
Against the backdrop of federal government’s sanctions on MTN Communications Nigeria, over tax audit, payments and revenue repatriation, the Minister of Finance, Mrs. Zainab Ahmed, said yesterday that telecommunications giant, MTN, took the Nigerian government for granted.....
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A hearing in the court case between MTN and Nigeria’s central bank in a dispute over the …
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Eko Hotel and Suites came alive on Monday 1st of October, 2018 as ten of Nigeria’s biggest music stars, namely; Falz, Kwam1, Olamide, Tiwa Savage, Simi, DJ Cuppy, Slim Case, Tekno, Small Doctor and Chidinma– thrilled music lovers at the Supremacy Concert 2018 supported by the leading ICT...
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The Federal Government has reiterated moves to cut funds repatriation in the oil and gas sector to $6 billion per annum.
This move, buoyed by the controversy in the telecommunication sector, where MTN was accused of tax evasion and illegal repatriation of funds, New Telegraph gathered, is...
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