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MTN Nigeria Opens Offer Of N100bn Commercial Paper Issuance

MTN Nigeria Opens Offer Of N100bn Commercial Paper Issuance   MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under its N100 billion CP issuance programme. Afrinvest in a note to investors said “We are pleased to...

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, Others Plan $4.8bn Investment In Nigeria

MTN, Others Plan $4.8bn Investment In Nigeria   Ten companies are planning to invest the sum of $4.8bn in various sectors of the Nigerian economy, the Nigerian Investment Promotion Commission has said. Highlights of the investment plans are contained in a report released by the NIPC. The report...

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, 18 Others Drive Market Gain To N129bn

MTN, 18 Others Drive Market Gain To N129bn   Investors on the Nigerian stock market on Wednesday gained N129bn as gain by MTN Nigeria Plc and 18 other companies halted two days losing streak. The market breadth closed positive, recording 19 gainers against 14 losers. Consequently, the All-Share...

MTN Nigeria Invests N4.55trn In Fixed Assets

MTN Nigeria Invests N4.55trn In Fixed Assets   For a period spanning 19 years since the first commercial rollout of its telecoms services in Nigeria in 2001, MTN Nigeria has invested as much as N4.55 trillion ($14.67 billion) in fixed assets and facilities across Nigeria till...