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...
ProfRem
Thread
mtnnigeriamtnnigeria enter stock market
mtnnigeria stock advisers
nigerian stcok market
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...
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...
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...
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...
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.
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...
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...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.