The report of the just released 2015 Mediafacts, which is a key media resource for marketing professionals in West and Central Africa, has shown that the telecommunications sector retained its lead position as the highest advertiser in Nigeria in 2015 with a combined total...
At a time when many Nigerians are complaining about the dwindling fortunes of the nation’s economy, with its attendant high cost of living, any legislation that seeks to increase their burden even in the short-run could be resisted.
As with most capitalist societies, with a...
The Senate Committee on Communications yesterday revealed that MTN Communications Nigeria Limited has proposed to pay N300 billion ($1.5 billion) in the ongoing negotiations between the company and Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), on the N780 billion...
President Muhammadu Buhari, yesterday, ordered re-negotiation of the N789 billion fine slammed on South African telecoms company, MTN, by Nigeria Communications Commission, NCC. The President gave the order at a joint news conference with South Africa’s President, Jacob Zuma in Abuja, following which Nigeria...
The South Africa-based MTN Group said it had invested over $16 billion in Nigeria over the past 15 years of MTN Nigeria’s operations in the country, thereby contributing an estimated 4.5 per cent to its GDP.
The Chief Executive Officer, MTN Nigeria Ferdi Moolman, disclosed...
South Africa’s MTN Group has set aside around 600 million dollars to cover the potential settlement of a fine in Nigeria, it said on Thursday, as it posted a more than 50 per cent drop in annual profit.
Africa’s biggest wireless phone company is in...
