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MTN Nigeria Profit Shrinks To N144.24bn

MTN Nigeria Profit Shrinks To N144.24bn         MTN Nigeria’s profit dropped by 3.3 per cent, recording N144.24bn profit after tax in the nine-month period ended September 30, the company’s unaudited financial report released on Wednesday has shown. MTN said its operations were impacted by the devaluation of...

MTN Commits N600bn To Network Infrastructure

MTN Commits N600bn To Network Infrastructure     MTN Nigeria plans to spend an estimated N600 billion on technical infrastructure over the next three years as it looks to expanding its network coverage across the country by 2024 Speaking at its first public Annual General Meeting which held...

MTN Records N329.2bn Revenue Rise

MTN Records N329.2bn Revenue Rise     MTN Nigeria reported revenue growth of 16.7 per cent to N329.2bn in the first quarter ended March 31, 2020 compared with N282.1bn in the same period in 2019. The growth, according to the unaudited first quarter report of the company, was...

MTN Share Price Increases After Revoked Tax Case

MTN Share Price Increases After Revoked Tax Case   The share price of MTN increased by 5.3 per cent to 83.67 rand on Friday following the announcement of the revocation of its $2bn tax case in Nigeria. The increase in the share price pushed the company’s market...

MTN Launches 5G Trial Ahead Of 2020 Target

MTN Launches 5G Trial Ahead Of 2020 Target   MTN Nigeria has inaugurated the trial of fifth generation technology ahead of the 2020 target the Nigerian Communications Commission set for the roll-out of the technology in the country. The company, in technical partnership with the ICT infrastructure...

MTN Nigeria’s Investment In Network Expansion Soars To N2.5trn

MTN Nigeria's Investment In Network Expansion Soars To N2.5trn The Chief Executive Officer, MTN Nigeria, Ferdi Moolman, Wednesday put the total value of investment made by the telecommunication company since its entrance into the Nigerian market at N2.5trn Moolman, who disclosed this during an interactive session...