mtn nigeria

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    Business MTN Appoints Listing Advisers As Telecom Giant Set To Enter Nigerian Stock Market

    MTN Group Limited has appointed units of Citigroup Inc. and Standard Bank Group Ltd. as advisers on a planned listing of the wireless company’s Nigeria business on the country’s local stock exchange. According to Bloomberg news, this is part of a deal struck with President Muhammadu Buhari's...
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    Business How MTN 'Slashed' Its Nigerian Fine From $3.9bn to $1.6bn- Reuters

    Telecoms firm MTN hired former U.S. Attorney General Eric Holder in January to help it reduce a $3.9 billion fine imposed in Nigeria over unregistered SIM cards. Five months later, it struck a deal to pay less than half of that. The entrance of Holder, who stood down as attorney general last...
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    Business MTN Nigeria Promises Massive Improvements in Services after Securing 2.6GHz Spectrum License

    Multinational telecoms giants, MTN, have secured license for a 2.6GHz spectrum in Nigeria after a transparent bidding process involving both local and foreign players. The license will be valid for the next 10 years. "With the 2.6 GHz band, we expect to roll out and provide the full range of...
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    Business Why MTN Nigeria's Fine was Reduced to N330bn - Communications Minister

    The federal government reduced the $5.2bn fine imposed on MTN Nigeria to $1.67 (N330bn) in order to encourage foreign investors and investments into the country, the Minister of Communications, Adebayo Shittu, has revealed. According to him, the decision was taken after the Federal Economic...
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    Business MTN Doubles Its Investment in Nigeria

    Multinational telecoms company, MTN, has announced plans to double its capital spending in Nigeria in 2016. MTN says it will spend 11.1 billion rand ($726.13 million) to upgrade its network in Nigeria, according to a presentation posted on its website. This is substantially higher than its...
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    MTN Nigeria: How To Update Your SIM Registration Details With Your BVN Number

    Good news!! MTN Nigeria has introduced an easy way in which you can register your SIM just with your BVN. No more long queues, no more stress. All you need to do is to text BVN, BVN Number, Mother's maiden name to 799. Check the image below.
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    Business $3.9bn Fine: Nigeria's Telecoms Minister Sends Message to MTN

    Nigerian authorities have urged MTN Nigeria to drop its legal action over a $3.9 billion fine imposed on it to help facilitate talks on a possible settlement. The Nigerian Communications Commission (NCC) had slapped a $5.2 billion fine on MTN in October for failing to disconnect users with...
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    Business MTN Shares Rise after Court's Decision on $3.9bn Nigerian Fine

    MTN shares on Friday jumped 9.2% to close at R122.99 after news that the group is seeking an out-of-court settlement with the Nigerian Communications Commission (NCC). The NCC fined MTN $5.2bn, later reduced to $3.9bn, for its failure to register subscribers as requested by the law. But MTN...
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