Senate withdraws report exonerating MTN

The Nigerian Senate has withdrawn a report that largely exonerated South African telecoms giant MTN of accusations of illegally repatriating $14 billion and rebuked the Nigerian central bank for regulatory failures. The report, presented to the Senate on Thursday and reviewed by Reuters, was almost immediately sent back for further work because it did not […]

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MTN gets ₦221m waiver from Kano State: reports

Governor Abdullahi Ganduje of Kano State waived the permit fee of ₦221m for the deploy ment of fibre infrastructure in the state by MTN Nigeria. Our correspondent gathered that officials of the Kano State Urban Planning and Development Authority had last week arrested some employees of Huawei Technology Company, working on MTN’s infrastructure expansion in […]

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MTN Nigeria records 11.6% profit growth in Q1

Despite a 2.3 per cent decline in MTN Nigeria subscriber base, the company’s revenue has increased by 11.6 per cent in the first quarter of 2017. MTN Nigeria says it “had a strong start to the year with an 11.6 per cent increase in total revenue, supported by a 71.3 per cent boost in data […]

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‘MTN paid N80 billion of the N330 billion fine’, FG says

The Nigerian Government has affirmed that MTN Nigeria has paid N80 billion of the N330 billion fine inflicted on it for failing to deactivate more than five million unregistered Subscriber Identification Module cards. Speaking at the News Agency of Nigeria Forum in Abuja on Monday, the Minister of Communications, Mr. Adebayo Shittu, said that the Johannesburg company paid the […]

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MTN introduce festive promo, budget N50m for subscribers

MTN Nigeria has announced the launch of the MTN YafunYafun promo to make the Christmas festive season an exciting one for subscribers. MTN YafunYafun promo is an SMS subscription-based service that allows MTN’s existing and potential customers to earn points for every recharge they make on the network. The General Manager, Consumer Marketing, MTN Nigeria, […]

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MTN Nigeria emerge ‘most valued brand’ – Survey

Despite facing numerous challenges in the year, telecommunication giant MTN Nigeria has emerge the best and most valuable brand in Nigeria according to the 2016 Top 50 Brands survey. The telecoms brand came first with a rating of 90.1, which bettered Coca-Cola Nigeria, 84.7, and Guaranty Trust Bank, 81.8. The model that was used in […]

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$3.5bn MTN fine: Reps gives go ahead for talks

The House of Representatives yesterday said the Nigerian Communications Commission (NCC) can resume talks with MTN Group over the $3.9 billion fine imposed on it while the lawmakers continue an investigation into the penalty. In October last year, NCC fined the telco. The chairman, House Communications Committee, Saheed Fijabi said the NCC should lead the […]

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N2.1bn fine: Court adjourns suit against MTN till June 29

The National Industrial Court of Nigeria (NICN) sitting in Lagos, Wednesday adjourned till June 29, a $13.14 million (about N2.1 billion) suit by Paul Odunewu, an ex-Network Group Operations Manager in MTN Nigeria against the company. Justice Oyejoju Oyewumi adjourned for hearing of a motion filed by defence counsel, Mrs. Ayo Obe, SAN, seeking to […]

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FG set to investigate MTN’s payment claim – Minister

MINISTER for Communications, Adebayo Shittu, on Wednesday said the ministry would investigate claim by South African mobile telecommunication giant, MTN that it has paid 50 billion naira into government’s coffers towards a possible settlement of the dispute with the Nigerian Communications Commission (NCC). The minister also said the firm’s claim that it has withdrawn the […]

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N780b fine: MTN Nigeria seeks early resolution its impasse

MTN Nigeria at the weekend in Lagos said it is willing to restore relationship with the Nigerian Communications Commission (NCC) so that the industry could move forward. It added that early resolution of the impasse is important for the telecom as the total fine amounted to about 95 per cent of the Group’s total revenue […]

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