Operators donate kits, offer free SMS in COVID-19 fight
Two players in Nigeria’s information and communications technology (ICT) sector have further donated equipment kits and services to the government in the fight against COVID-19. The two operators are MTN and Interswitch Group.
MTN gets CBN super agent licence
MTN Nigeria has announced that its subsidiary, Yello Digital Financial Services Limited (YDFS), has been granted a full Super Agent Licence by the Central Bank of Nigeria (CBN).
CBN awards MTN subsidiary licence to provide financial services
The Central Bank of Nigeria (CBN) has awarded a subsidiary of MTN a licence that would allow it to provide financial services. CBN last year announced that it would allow telecom companies to provide banking services that are aimed at giving Nigerians without bank accounts access to mobile money services in order to bridge the…
MTN earns N98b half year profit, adds 3.3m new subscribers
Telecommunications firm, MTN has earned N98.9 billion profit in the first half of 2019, ended June 30 and added 3.3 million new subscribers to its network, pushing its subscribers base in Nigeria to 61.5 million.
MTN appoints Srinivas Rao as chief digital officer
MTN Nigeria has announced the appointment of its first Chief Digital Officer (CDO), Srinivas Rao, to lead the company’s recently created Digital Services Division. The Digital Services division will play a pivotal role in driving MTN’s digital business growth; its creation marks the company’s commitment to its vision of leading the delivery of a bold,…
MTN secures fresh 200b loan, targets capex expansion of 4G services, others
Barely 24 hours after it listed 20.4 billion ordinary shares at N90 on the Nigerian Stock Exchange (NSE), MTN has secured fresh loan of ₦200 billion from seven Nigerian financial institutions. This loan is coming barely a year after MTN was also granted ₦200 billion loan by the banks. The new agreement was formally…
MTN Nigeria’s revenue up by 149%, assures stakeholders of shares listing
Revenues from the combination of voice, data, digital, service, and Fintech operations have pushed MTN Nigeria’s first quarter (Q1) 2019 earnings increased by 149.4 per cent. In the result issued yesterday on its Q1 performance, ending March 31, 2019, the South African-based telecommunications firm, disclosed that voice operations earned it an increase of 12.7…
MTN become public company ahead of share listing
MTN Nigeria Communications Plc (MTN), has completed its conversion from a private company to a public company (Plc).The Telecommunications firm explained that the conversion to a Plc is a legal requirement and key milestone in the preparatory process for MTN....
SEC yet to receive application from MTN Nigeria on proposed listing
The Securities and Exchange Commission (SEC) has said that MTN Nigeria Limited has not filled any application with the commission regarding the proposed listing by Introduction.
NIBSS, MTN, Telcos partner as banks re-launch mCASH
MTN Nigeria, along with 16 banks and all major mobile telcos, Tuesday, came together for the Nigeria Inter-Bank Settlement Systems (NIBSS’) re-launch of mCASH this week.