MTN Nigeria

MTN Nigeria has reported a $266 million post-tax loss in 2024, marking a significant financial setback for the telecom giant. For a company that was once a favourite among investors, this downturn raises pressing questions about when…
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MTN Nigeria's mobile money subsidiary, MoMo PSB, reported a 47% decline in active wallet users by the end of 2024, decreasing from 5.3 million in 2023 to 2.8 million. This decline reflects a strategic shift towards prioritising…
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Nigeria’s internet consumption crossed the 1 million terabyte mark for the first time in January 2025, signifying a major milestone in the country’s digital evolution since the Nigerian Communications Commission (NCC) began tracking data…
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MTN Nigeria has officially raised the prices of its internet plans, implementing the 50% tariff increase approved by the Nigerian Communications Commission (NCC) in January. The new pricing structure sees significant adjustments, with some…
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Shares of MTN Nigeria have surged by over 20% month-to-date in early January, with trading volumes exceeding 13 million shares, as the company rebounds from a low in November 2024. The rise reflects a correction from the stock's dip to…
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Chief Executive of MTN Nigeria, Karl Toriola, has disclosed that telcos in that country have requested a 100 percent increase in their tariffs, but he doubts if the regulator will give its approval.  He said the Nigerian Communications…
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The Nigerian Communications Commission (NCC) has granted approval for MTN Nigeria to disconnect Exchange Telecommunications Limited from its network over unpaid interconnect charges. In a public notice issued on Friday, the telecom…
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MTN Nigeria Communications PLC (MTN Nigeria) has officially renewed its spectrum lease agreement with Natcom Development and Investment Limited (NTEL) following approval from the Nigerian Communications Commission (NCC). The renewal marks…
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MTN to modernise core networks
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