The Nigerian equity market started the week on a negative note, losing N93 billion due to sell-offs in MTN Nigeria, Transnational Corporation (Transcorp), and other declining stocks. Specifically, the market capitalisation, which opened at N55.497 trillion, shed N93 billion or 0.17 per cent to close at N55.404...
MTN Nigeria
MTN Nigeria Communications Plc has reported a loss after tax of N519.1 billion for the first half of 2024. This indicates an upward trend of 34.9 per cent from a loss of N85.59 billion posted in the corresponding period of year 2023. The Chief Executive Officer, MTN Nigeria,...
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The Attorney-General of the Federation (AGF), Mr Lateef Fagbemi, SAN, on Monday sought to take over the trial of Karl Toriola, the Managing Director and Chief Executive Officer (MD/CEO) of MTN Nigeria Communications Ltd; and others. Counsel to the AGF, Mrs Aderonke Imana, told Justice Inyang Ekwo of...
MTN Nigeria on Saturday announced the construction of its West African largest data centre, a facility with a 1,500-rack and Tier 4 data centre within the country. The News Agency of Nigeria (NAN) reports that a Tier 4 data centre is built to be completely fault-tolerant, has redundancy...
By CALLISTUS OFFOR – After a rigorous selection process, MTN Nigeria, in partnership with Pan-Atlantic University, announced on Monday the 20 Fellows to participate in the third edition of its Media Innovation Programme (MIP). “These top media practitioners have been selected to participate in this initiative aimed at...
By OLA MODUPE, Lagos – Leading ICT company, MTN Nigeria has announced the 17th edition of its flagship employee volunteer initiative, Y’ello Care, where MTNers have the unique opportunity to contribute their resources – time, money and more – towards worthy causes. Themed “Learn Today, Lead Tomorrow”, this...
By CALLISTUS OFFOR, Abuja – Leading telecommunications and technology enabler, MTN Nigeria has announced a strategic partnership with Microsoft, providing advanced data hosting solutions and Microsoft Business Licenses to small and medium enterprises. This development is in line with the company’s commitment to accelerate the digitalisation of businesses,...
The Nigerian Copyright Commission (NCC), on Tuesday, accused Mr Karl Toriola, the Managing Director and Chief Executive Officer (MD/CEO) of MTN Nigeria Communications Ltd; of evading service of court documents in the alleged copyright infringement suit The NCC’s lawyer, Gladys Ojo, made the allegation before Justice Inyang Ekwo...
MTN Nigeria says its total subscribers increased by 1.3 per cent to 77.7 million, as at March 31, 2024, from 76.7 million recorded in the same period of 2023. MTN Nigeria’s Chief Executive Officer, Mr Karl Toriola, said this in the company’s unaudited financial statement sent to...
By CALLISTUS OFFOR, Abuja – MTN Nigeria, one of the largest telecommunications companies in the country, has said the multiple fibre cuts were responsible for the network outage being experienced by its subscribers nationwide. It would be recalled that millions of subscribers experienced difficulty making and receiving calls for...
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MTN Nigeria Communications Plc, VFD Group Plc, CardinalStone Securities and Chapel Hill Denham were big winners at the just concluded Made of Africa Awards organized by Nigerian Exchange Limited (NGX). The Chief Executive Officer of Nigerian Exchange Limited, Temi Popoola, noted at the event that...
By CALLISTUS OFFOR – MTN Nigeria emerged as the winner of the Airship Altitude Awards recently held at the Mobile Leaders Forum in London. The company won the award for its mobile app, ‘myMTN NG,’ a free application designed to simplify the mobile experience of its subscribers. Airship, acknowledged...
By OLA MODUPE, Lagos – MTN Nigeria has debunked media reports that IHS Towers has offered the company improved terms for the lease of 2,500 sites that match the terms of ATC, which recently won the contract following a highly competitive bidding process. “These reports are not...
MTN Nigeria Communications Plc (MTN Nigeria) held its Capital Markets Day at the Transcorp Hilton Hotel in Abuja on November 14th and 15th, 2023. The ICT company also announced progress on achieving its ‘Ambition 2025’ Strategy, and the emerging opportunities in Nigeria’s digital economy to local and international...
Lagos State will host the 2023 biennial lecture of the Federal University of Technology- Owerri (FUTO) Alumni Association; the 6th in the series, where techies, technocrats and academics including Ernest Ndukwe, an Engineer and Chairman, MTN Nigeria, and other thought leaders would proffer solutions to reflate the nation’s...
MTN Nigeria, on Thursday enlightened Small Medium Enterprises (SMEs), Brand and Marketing executives on the benefits of digital advertising as cost effective and wider reach. The Senior Manager, Campaign Management, Mr Eyitayo Amusan, said at the first edition of the Mobile-Ads Fusion Forum that businesses should be able...
MTN Nigeria says it plans to strategise and adopt the Application Programming Interface (API) Technology to boost its customer services. MTN’s Chief Information Officer, Information Technology, Shoyinka Shodunke, made this known at the 2023 Africa Internet Governance Forum (AIGF) holding in Abuja. The theme of the programme...
The Minister of Works, Sen. David Umahi, has urged MTN Nigeria Communications to include Ife-Ondo road in the projects it is undertaking under the tax credit scheme in the country. Mrs Blessing Lere-Adams, Director, Press and Public Relations Unit, Federal Ministry of Works, disclosed this in a statement....