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6.6 million Nigerians Become MTN Shareholders

6.6 million Nigerians Become MTN Shareholders   MTN Nigeria Communication Plc has said it now has 6.6 million Nigerians as direct or indirect shareholders as it made N111.75bn from its share offer to Nigerians. The telecommunications company said this in a statement titled ‘Results of the series...

Fed Govt To Pocket N227bn As MTN, Mafab Win 5G Licence

Fed Govt To Pocket N227bn As MTN, Mafab Win 5G Licence   Nigerian Communications Commission (NCC) has declared MTN Nigeria and Mafab Communications winners of the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network licenses for a total fee of $546m...

MTN Pays N71.6bn For Spectrum Licence Renewal

MTN Pays N71.6bn For Spectrum Licence Renewal       The Nigerian Communications Commission has renewed the Unified Access Service licence and spectrum licence for wireless local loop in the 900MHz and 1800MHz band of MTN Nigeria. MTN made this known in a statement signed by the company secretary,...

We Made N95.5bn Advance Tax Payment To Support FG’s Revenue — MTN

We Made N95.5bn Advance Tax Payment To Support FG’s Revenue — MTN       Telecommunication giant, MTN Nigeria, has disclosed that it agreed to make an advance tax payment of N95.5bn between March 2021 and June, 2021, ahead of the established deadline to support government’s revenue drive. MTN...

Two Major Telecoms Operators Attract Fresh N822.66bn

Two Major Telecoms Operators Attract Fresh N822.66bn       Two major telecoms operators, MTN Nigeria and Airtel Africa Plc, have attracted a total of $2billion (approximately N822.66billion) funds into their operations. This is even as foreign direct investments (FDIs) into the industry dipped sharply by 78 per cent...

MTN Completes Issuance Of N110bn Bonds

MTN Completes Issuance Of N110bn Bonds       MTN Nigeria Communications Plc said on Thursday that it had successfully completed the issuance of N110bn Series 1 seven-year 13 per cent Fixed Rate Bonds due 2028, under a N200bn bond programme to refinance existing debt and support network...