The Nigerian Senate has withdrawn a report that largely exonerated South African telecoms giant MTN of accusations of illegally repatriating $14 billion and rebuked the Nigerian central bank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 […]
Read More As MTN Nigeria plans to list its shares through Initial Public Offering(IPO) later this year, the transaction is going to be paperless, its General Manager, Nikiwe Tsaagane, has said. Tsaagane made this known when he paid a courtesy visit to Dr. Ogbonnaya Onu, Minister of Science and Technology, in Abuja at the weekend. According to […]
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Telecommunication company, MTN, on Friday in Abuja said it would list its shares on the Nigerian Stock Exchange this year. MTN General Manager, Mr Nikiwe Tsaagane, made this known when he paid a courtesy visit to Dr Ogbonnaya Onu, Minister of Science and Technology. Tsaagane said the efforts would help to fast-track improvement in the […]
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Top management employees at the MTN Group head office in Johannesburg, South Africa, have hinted that the company will take a stand by the end of June on its plans to acquire MultiChoice Africa. This is coming two years after MTN acquired a ₦34bn licence to provide digital pay television broadcasting services in Nigeria, and […]
Read More 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 […]
Read More Rwanda’s telecom industry regulator has fined MTN Rwanda, a division of South Africa’s MTN Group, 7 billion francs (8.5 million dollars) for running its IT services outside the country in breach of its licence. The regulator said in a ruling posted on its website in Kigali that MTN Rwanda was hosting its IT services hub […]
Read More MTN, South Africa’s mobile telecom giant, has agreed on a three-year $5 million sponsorship deal with the Cameroon Professional Football League (LFPC). According to the agreement signed in Yaoundé, MTN Cameroon will invest $1.7 million in the local soccer annually for the next three years. MTN Cameroon CEO Philisiwe Sibiya, who signed the deal on […]
Read More 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 […]
Read More South African telecoms giant MTN has paid nearly $100m of a $1.7 bn fine for failing to disconnect unregistered SIM cards in Nigeria, officials said on Friday. “MTN has paid N30bn ($98m, 92 million euros) as part of the fine,” Tony Ojobo, spokesman for Nigeria Communication Commission (NCC) told AFP. “The payment is in furtherance […]
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Active telecommunication service users in Nigeria decreased from 155.1 million in January to 154. 1 million in February, Nigerian Communications Commission (NCC) made this known. The NCC noted a decrease of 993,063 in the number of telecoms users across the country in January. “Active users of telecommunications services in the country increased to 154,120,484 in […]
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Global tech giant Google Inc. and other telecom company such MTN, Airtel and MainOne, are set to lay out strategies to deepen insurance penetration in Nigeria with the use of Information and Communications tools, at an E-Insurance Conference scheduled to hold on March 23, at Sheraton Hotels and Towers, Ikeja, Lagos. The conference with the theme […]
Read More Africa’s biggest mobile phone operator MTN Group said on Tuesday that Mteto Nyati, the chief executive of its South African unit, will be resigning on March and will be replaced by Godfrey Motsa on the same day. Motsa is currently a vice president at MTN Group, and has more than 10 years of experience in […]
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