mtn nigeria

  1. Hanno Labuschagne

    MTN service revenue surging everywhere in Africa except in SA

    MTN service revenue surging everywhere in Africa except in SA MTN recorded a 20% increase in service revenue across all its markets in the first quarter of 2026, but growth in South Africa continued to remain flat. In a Q1 2026 trading update on Tuesday, the company explained that one of the...
  3. Hanno Labuschagne

    Big MTN profit swing

    Big MTN profit swing MTN shareholders are getting a big dividend payout as a result of excellent performance in the company's 2025 financial year. Africa's largest telecoms company posted a R27.40 billion profit after tax for the year ending 31 December 2025, a major turnaround from a loss of...
  4. Hanno Labuschagne

    MTN service revenue surges in first half of 2025

    MTN service revenue surges in first half of 2025 MTN put up an impressive financial performance during the first half of 2025 (H1 2025), with service revenue and subscribers surging in two of its biggest markets. For the six months ending 30 June 2025, MTN Group's service increased by 23.2% to...
  5. Hanno Labuschagne

    MTN's share price getting hammered by Nigerian Naira changes

    MTN's share price getting hammered by Nigerian Naira changes MTN’s share price is down 28.5% since the start of the year after Nigeria announced changes to how its currency, the Naira, may be exchanged. While MTN is the second-biggest mobile network in South Africa, its Nigerian operations...
  6. Hanno Labuschagne

    Load-shedding puts a damper on MTN's results — but Nigeria performance boosts overall revenue

    Load-shedding puts a damper on MTN's results — but Nigeria performance boosts overall revenue MTN saw only a slight increase in service revenue in the first half of 2023 in South Africa compared to the same period last year, primarily due to intensified load-shedding. Between January and June...
  7. Jan

    MTN raises R4.3 billion with Nigeria share sale

    MTN’s Nigeria share sale raises R4.3 billion The MTN Group raised R4.3 billion from the sale of 575 million MTN Nigeria Communications shares as it moves towards its goal of reducing its stake in the subsidiary to 65%. The offer was the first in a series that will help the MTN Group achieve...
  8. J

    MTN Nigeria drops case against Attorney-General

    MTN Nigeria drops case against Attorney-General MTN announced today that it has dropped its case against Nigeria's Attorney-General. "Today, MTN Nigeria appeared before a Federal High Court in Lagos, Nigeria to formally discontinue its legal action against the Attorney General of the Federal...
  9. J

    MTN Nigeria to list on Nigerian Stock Exchange

    MTN Nigeria to list on Nigerian Stock Exchange MTN Nigeria has announced that it has received approval to list on the Nigerian Stock Exchange (NSE). This process is set to proceed on 16 May 2019 and will done by way of an introductory listing.
  10. J

    MTN Nigeria could list shares in Lagos next week

    MTN Nigeria could list shares in Lagos next week MTN Group Ltd.’s Nigerian unit may list shares in Lagos next week, according to two people familiar with the matter, almost three years after agreeing to the move as part of a deal with local regulators. Africa’s biggest mobile-phone company...
  11. J

    MTN nears Nigeria deal over $8.1-billion dispute

    MTN nears Nigeria deal over $8.1-billion dispute MTN Group Ltd. is close to securing a deal with Nigeria’s central bank over an order to repay $8.1 billion it is alleged to have illegally taken out of the country, according to a person familiar with the matter. A settlement is expected by...
  12. J

    More huge problems for MTN - Nigeria demands $2 billion in back taxes

    More huge problems for MTN - Nigeria demands $2 billion in back taxes MTN Group Ltd. said Nigeria is seeking about $2 billion in back taxes from the embattled wireless carrier after refusing to accept the results of a self-assessment by the company. The office of Nigeria’s attorney general...
  13. QuintonB

    MTN Nigeria finds sanction threats surprising

    MTN Nigeria responds to sanction calls MTN Nigeria says it is surprised by sanction threats from the Nigerian Communications Commission (NCC).
    • QuintonB
    • Thread
    • active mtn mtn nigeria ncc nigerian communications commission threats
    • Replies: 0
    • Forum: MTN Mobile Data
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