MTN Nigeria Communications PLC (MTN Nigeria) has disclosed plans to raise N50 billion through its latest issuance of commercial paper (CP) to boost its working capital....
MTN Nigeria Communications Plc’s total subscribers decreased by 0.9% to 77 million in the nine months ended 30 September 2024. In the company’s unaudited financial statements,...
Starlink, the satellite internet service owned by Elon Musk’s SpaceX, has suspended its earlier announced price increase for Nigerian users. A message from the Starlink Team...
Telecommunication service providers in Nigeria have announced an impending increase in customer tariffs for calls and data. The anticipated rise is attributed to the Federal Government’s...
MTN Nigeria and other telecommunication companies have requested that the federal government support their plan to increase tariffs to ensure business continuity. The request was made...
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has said telecommunication companies spend 35 percent of their operating expenses on diesel due to the unreliable...
MTN Nigeria, one of the country’s leading telecommunications giants, has successfully renegotiated its tower lease agreements with IHS Towers, a strategic move expected to save the...
Airtel Africa, a major player in telecommunications and mobile money services across 14 African nations, has announced the initiation of the second tranche of its $100...
MTN Group Ltd., Africa’s largest wireless carrier by revenue, has reported its first loss in seven years due to the steep devaluation of the Nigerian naira....
Karl Toriola, the Chief Executive Officer of MTN Nigeria, has declared the sector to be in a “deep crisis,” calling for immediate action to prevent its...