mtn nigeria

#XenophobiaInSouthAfrica – MTN Nigeria Closes Stores, Services Centres

MTN Group reiterates its stand against any form of xenophobia and damage to property and remains concerned about the situation in its markets. The mobile...

MTN Nigeria Gets Super-Agent Licence to Provide Financial Services

MTN Nigeria today announced that its subsidiary, Yello Digital Financial Services Limited (YDFS) has been granted a full Super Agent Licence by the Central...

Lawyers, advisers set to pocket more than R1.3 billion of fees from the MTN Nigerian debacle

Lawyers, advisors and other professional services firms involved in reducing MTN’s fine in Nigeria are laughing all the way to the bank. By Gugu...

MTN Nigeria wins case against Etisalat

MTN Nigeria wins court case against Etisalat Nigeria challenging the South African-based mobile phone operator's use of the 800 mega hertz (MHZ) spectrum following...

Fine threatens to bankrupt MTN Nigeria: CEO

  The $3.9 billion (R59 billion) fine imposed on MTN Nigeria by the Nigerian Communications Commission (NCC) could bankrupt the mobile phone operator as it represents...

MTN Nigeria CEO Ikpoki resigns

  MTN announced on Thursday that its Nigerian CEO, Michael Ikpoki, has resigned with immediate effect. By Gugu Lourie His resignation follows a $5.2 billion (R71...

MTN Nigeria hit with R71bn fine

  MTN said on Monday its Nigerian division has been hit with a $5.2 billion (R71 billion) fine by the Nigerian Communications Commission (NCC), the country's...

MTN Get Good News In Nigeria – $2bn Tax Demand Withdrawn

The latest announcement by the Attorney General of the Federal Republic of Nigeria and Minister of Justice is good news for MTN Group, which...

Nigeria, MTN’s Largest Market, Attracts 3.3m New Customers

Nigeria, MTN's largest market by subscribers, attracted 3.3 million subscribers in the six months to end-June 2019. The South African-based firm announced on Friday that...

Nigerian Court Postpones MTN’s $2BN Tax Case

The Nigerian court has postponed the $2 billion tax dispute between South African telecoms company MTN Group and Nigeria's attorney general. Reuters reported today that...

Is Nigeria Kicking Itself In The Foot With Another MTN “Scandal”?

Nigeria's government risks damaging its investment climate with it's Central Bank demanding $8,1 billion (R115 billion) allegedly paid as a dividend to MTN to...

There’s Trouble Brewing Again for MTN in Nigeria

By Staff Writer The Nigerian Senate has withdrawn a statement that largely exonerated Africa’s biggest mobile phone giant MTN of accusations of illegally repatriating $14...

Despite Huge Fine in Nigeria And Political Headwinds, MTN Rewards Investors 

by Staff Writer MTN has described its performance in 2016 as reflecting “the most challenging year in the company's 22-year history”, which was a result...

MTN refutes “incorrect” allegations by Nigeria that it impromperly repatriated $14 billion

Africa’s biggest mobile phone operator MTN on Monday reiterated its position on allegations that it improperly repatriated $14 billion out of Nigeria and describe...

MTN plans to list the Nigerian operation in 2017

MTN is proceeding with the listing of its Nigerian operation on the Nigerian Stock Exchange. By Gugu Lourie Africa's biggest mobile phone operator is planning to...