A customer leaves an MTN shop in Johannesburg, file. REUTERS/Siphiwe Sibeko

MTN Nigeria appoints Funso Aina senior manager

Funso Aina has been appointed Senior Manager, External Relations for ICT giant, MTN Nigeria. Funso joined MTN Nigeria in January 2009, and until his latest appointment, he was the company’s Public Relations Manager where he had oversight responsibility for MTN’s reputation/perception management; stakeholder management; media relations and PR leveraging for all activities; corporate sponsorships and […]

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A customer leaves an MTN shop in Johannesburg, file. REUTERS/Siphiwe Sibeko

MTN Nigeria signs ₦200bn loan agreement with 12 banks

MTN Nigeria on Wednesday signed a seven-year ₦200 billion medium-term loan facility with a consortium of 12 banks, with FBN Quest acting as the facility agent. The telecommunication company said the credit facility would allow it to fund its capital expenditure, roll out infrastructure and extend its reach to rural communities. According to the company, […]

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A customer leaves an MTN shop in Johannesburg, file. REUTERS/Siphiwe Sibeko

MTN to list on NSE by May 2019 – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that MTN must list on Nigerian Stock Exchange on or before May 2019 as contained in the agreement over the 2015 fine settlement between it and the telecom company. Speaking in an interactive session with newsmen in his office […]

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MTN renovates POWA Corridor, Ikoyi

MTN has renovated the Police Officers Wives’ Association, POWA, shopping complex corridor in Falomo, Ikoyi, Lagos State. Speaking at the unveiling, Sales and Distribution Executive, MTN Nigeria, Adekunle Adebiyi, expressed the ICT company’s excitement in beautifying the corridor. He said: “We’re really excited to unveil the new POWA corridor as this project has been a […]

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A customer leaves an MTN shop in Johannesburg, file. REUTERS/Siphiwe Sibeko

“MTN lost ₦12 billion in 4-days of picketing by NLC”

Telecom operator, MTN Nigeria has reaveled it lost over ₦12 billion in the four days that the Nigerian Labour Congress, NLC, allegedly interrupted its operations while picketing the company. A reliable source at the telecom giant said the picketing totally grounded operations and activities of the company while it lasted even as the devastating effects […]

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A customer leaves an MTN shop in Johannesburg, file. REUTERS/Siphiwe Sibeko

Picketing: NCC mobilises NSCDC to protect MTN equipment

The Nigerian Communications Commission says it has mobilised the Nigeria Security and Civil Defence Corps to protect the equipment and installations of leading digital mobile operator, MTN Nigeria Communications Limited. This followed the picketing of the MTN head office in Lagos and other offices in different parts of the country on Monday by the leadership […]

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MTN Nigeria may shut down its network over NLC picketing

There is a strong indication that if the picketing of its companies by the Nigerian Labour Congress, NLC, continues, telecom company, MTN Nigeria may shut down its network. This undoubtedly will have untold consequences on the economy as millions of Nigerian subscribers and other telecom service providers connected to its network will be down and […]

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MTN Nigeria yet to file application for IPO, says SEC

ABUJA, July 8 (Reuters) – MTN Nigeria is yet to file its application for an initial public offering (IPO), Nigeria’s securities regulator said on Sunday, a much-anticipated share listing that could value the business at around $5 billion and help revitalise the local stock market. The Securities and Exchange Commission’s (SEC’s) statement came after domestic […]

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Airtel, 9mobile kicks over transfer of Visafone’s 800MHz to MTN

Airtel and 9mobile, mobile network operators in the country, have opposed the transfer of an 800MHz from Visafone Communications to MTN Nigeria. Speaking in Abuja on Monday at a public inquiry organised by the Nigerian Communications Commission (NCC), representatives of the operators said transferring the spectrum to MTN could result in a monopoly. Chidozie Arinze, […]

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MTN posts 73 pct data revenue growth for Q1

MTN Nigeria Communications Limited has announced a year-on-year increase of 73.2 per cent in revenue from data services for the first quarter of this year. A statement issued by Public Relations and Protocol Manager, Mr. Funso Aina, on Thursday said the digital mobile operators grew its total revenue for the quarter by 14.4 per cent. […]

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MTN to pay ₦55 billion fine to Nigerian Govt. in March

Nigeria’s largest telecoms company, MTN, is due to pay a fresh ₦55 billion to the Nigerian Government in March, this year, correspondent has learnt. The payment, which must be paid latest by March 31, 2018, is in line with the continuation of its settlement of a ₦330 billion fine negotiated to be paid for violating […]

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MTN ordered to pay its ex-network operations manager ₦4.8 billion

The National Industrial Court of Nigeria (NICN), Akure Division, has ordered MTN Nigeria Communications Limited and MTN International, Mauritius, to pay its former Network Group Operations Manager, Mr Paul Odunewu, $13,419,728.54, £10,000 and ₦2,540,000 (totalling ₦4, 825,036,735.9) following wrongful termination of employment. According to correspondent, Justice Oyejoju Oyewunmi made the order on Wednesday, September 27, […]

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