MTN Nigeria Monday sued the Central Bank of Nigeria, CBN and the Attorney General of the Federation, AGF over allegations of improper repatriation of about $8.1billion and unpaid taxes of $2.0 billion the duo levied against it. The telco is seeking injunction to restrain them from taking further action in respect of their orders to […]
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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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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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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 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, […]
Read More MTN Foundation, has supported over 2100 tech startups from undergraduate students of accredited Nigerian universities and polytechnics in their quest to proffer solutions in various sub sectors and industries in the nation’s economy ranging from agriculture, power to waste management. This was evident at Student Innovation Challenge boot camp in Lagos which exposed about 40 […]
Read More 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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