FIRS Appoints Banks, Others to Collect VAT on Their Products MTN, Airtel, and all money deposit banks have been appointed by the Federal Inland Revenue Service (FIRS) as VAT collection agents starting from January 2023. FIRS in a statement yesterday said the directive is in line...

Telcos Generate N1.92tn from Calls, Data - Report The Financial report of telecommunications in Nigeria has revealed that MTN and Airtel made N1.92tn from calls and data between January and September, 2022. According to data from the financial results of MTN Nigeria Communications Plc and Airtel...

CBN Grants Approval to MTN, Glo, Airtel, Other Payment Service Banks to Sell Dollars The Central bank of Nigeria has approved dollar sales by Payment service banks(PSB), Nigerian three telecommunication giants MTN, Airtel Glo, have licences to operate PSB CBN's decision to allow PSBs to...

MTN Rolls Out 5G Network Across Nigeria MTN Nigeria Communications Plc kicked off 5G services today across 190 sites making it the first of telecommunication service provider to do so in Nigeria. The Telecom firm revealed that it plans to roll out 5G services in Lagos,...

MTN Targets 43m Households With Home Broadband Services Technology firm, MTN has launched home broadband services targeting 43 million households and 40 million medium and small-scale enterprises (MSMEs) in Nigeria. Besides, MTN said this service is also in line to accelerate broadband penetration in alignment with...

MTN Issues N127bn Commercial Paper For Investment MTN Nigeria Communications Plc has announced a N127 billion commercial paper investment as part of the N150 billion Commercial Papers Program. A notification to the Nigerian Exchange Limited shows that the MTN Commercial Papers issuance consisted of two tenors:...