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MTN Loses 5m Users, Records N385.2bn Revenue In Q1, 2021

MTN Loses 5m Users, Records N385.2bn Revenue In Q1, 2021       MTN Nigeria Communications Plc has reported a profit after tax of N73.75bn for the first quarter of 2021, up 42.35 percent from N51.74bn in the same quarter of last year. The telecommunications company said its profit...

USSD Charges: MTN, Banks To Resume Talks Today

USSD Charges: MTN, Banks To Resume Talks Today       The meeting between MTN and Deposit Money Banks (DMB) that was held in Lagos ended inclusively yesterday and would continue today. One of the regulatory sources, who confided in our correspondent, said the meeting was a hybrid one,...

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...

NCC Celebrates MTN’s N1trn Gains In Capital Market

NCC Celebrates MTN’s N1trn Gains In Capital Market         The Nigerian Communications Commission (NCC) is counting the gains of the listing of MTN in the Nigerian Stocks Exchange (NSE) market, asserting that investors have “raked in approximately N1 trillion in price appreciation and dividends since April...

MTN Begins e-SIM Technology Trial In Nigeria

MTN Begins e-SIM Technology Trial In Nigeria   MTN Nigeria Plc has commenced the trial of embedded SIM services on its network as part of its drive to lead digital transformation, and improve customer experience and quality of service. During a virtual media launch of the e-SIM,...

MTN Completes N100bn Commercial Paper Issuance

MTN Completes N100bn Commercial Paper Issuance     MTN Nigeria has completed the issuance of its series I and II notes, under its N100bn commercial paper debt programme. The company announced the issuance in a notice to the Nigerian Stock Exchange and the investing public. It priced the Series...