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Telecommunication Giant MTN, Concludes Plan to List on NSE

MTN Nigeria Communications (MTN) on Wednesday announced that it had completed its conversion from a private company into a public company. The Chief Executive Officer...

Nigeria’s Active Mobile Subscribers Hit 172m in Q4 2018 — NBS

The National Bureau of Statistics (NBS) said Nigeria’s active mobile subscribers increased to 172,824,239  million in the fourth quarter, 2018 from  162,032,481 million and...

Nigeria Central Bank Files Counterclaim in Escalating MTN Dispute

* Nigeria cenbank asks court to dismiss MTN’s case * Seeks 15 pct interest on $8.1 bln transfer from MTN * Cenbank says hopeful amicable resolution...

$2.0 billion Tax Evasion Fine: MTN Seeks Court Injunction against CBN,...

MTN Nigeria has dragged the Central Bank of Nigeria, CBN and the Attorney General of the Federation, AGF, to court over allegations of improper...

MTN Nigeria Yet to File IPO Application, Securities Regulator

MTN Nigeria is yet to file its application for an initial public offering (IPO), Nigeria’s securities regulator said on Sunday, a much-anticipated share listing...

MTN Pays N80bn out of N330bn Fine

Mobile giant MTN has paid N80 billion out of the N330 billion fine imposed on it for failing to deactivate more than five million...

At Last MTN Meets SEC on IPO, Listing on NSE

Nigeria’s biggest telecoms provider, MTN, has met with the Securities and Exchange Commission (SEC) to discuss a possible Initial Public Offering (IPO) of its...

CBN ‘Orders’ Banks to Suspend Payment of MTN Dividends

The Central Bank of Nigeria (CBN) has ordered the suspension of MTN Group dividend payment from the Nigerian subsidiary of the telecommunications giant, until...

MTN Denies Giving Bribe for Reduction of NCC Fine

The Chief Executive Officer of MTN, Ferdi Moolman, has said the telecommunications giant did not give bribe for the reduction of the N1.04 trillion...

Senate to Probe Allegation MTN Repatriated $12bn Home in 10 Years

The Senate on Thursday agreed to investigate an allegation that telecommunication giant, MTN Nigeria, repatriated $12 billion out of the country over a 10-year...
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