MTN Plans To Sell 575m Shares To Nigerians   MTN Nigeria Communications Plc has said it is set to proceed with a public offer for the sale of 575 million shares. In a statement, the company said Its parent company, MTN Group, is set to proceed with...

R4.2bn Yet To Be Repatriated From Nigeria - MTN       The MTN Group added 28.8 million subscribers to reach a total 279.6 million customers in 2020 across 21 countries in Africa and the Middle East. The company announced a service revenue growth of 11.9 per cent and...

MTN Group Worths $3.3bn, Says Brand Finance       MTN Group says it has been named the most valuable African brand in the Brand Finance Africa 150 2020 ranking, which ascribes a brand value of $3.3 billion to MTN. Brand value is the net economic benefit that a...

MTN Sells R14bn Assets In 9 Months   MTN said it has sold assets worth R14 billion in 2019.The sales come as part of MTN’s Asset Realisation Programme (ARP), which it announced in March 2019. MTN said the ARP is aimed at simplifying its portfolio, reducing its...

MTN Eyes $500m IPO The Securities and Exchange Commission (SEC) has confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO). A senior management staff of SEC disclosed this in Lagos that MTN had commenced...

MTN Pays N165bn Out Of N330bn Fine – NCC   The Nigerian Communications Commission (NCC) has said that MTN had paid N165 billion out of the N330 billion fine imposed on it due to its inability to disconnect improperly registered SIM cards. Umar Danbatta, Executive Vice Chairman...