Telecommunications service, just as infrastructure, plays an important role in the economic, political and social development of any country.
MTN Nigeria Communications Plc has commenced a nationwide roadshow to engage interested retail investors in the on-going offer by MTN Group for shares in MTN Nigeria.
4 Nov 2021
MTN Group said it is planning to sell shares worth about $241.7million from its Nigeria business. MTN on Thursday said it will offer 575 million shares in MTN Nigeria, which listed in Lagos in 2019. "Today we announce our intention to proceed with a public offer for sale of up to 575 million shares in…
16 Feb 2021
The MTN Group has supported the African Union (AU)’s vaccination programme with $25m. This is expected to secure up to seven million doses of the coronavirus disease (COVID-19) vaccines for health workers across the continent.
3 Jan 2020
MTN Group (MTNJ.J) has agreed to sell its towers businesses in Ghana and Uganda as Africa’s biggest mobile phone operator refocuses on high-growth markets on the continent and in the Middle East.
30 Jul 2019
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…
5 Jul 2019
MTN Group has announced that GlobalConnect, the company’s wholesale infrastructure company, is now an operating company (Opco) of the group.
5 Jun 2019
MTN Group’s biggest shareholder, Public Investment Corp (PIC), is pushing for changes at the board level to avoid the regulatory...
17 May 2019
Hope for increased market liquidity on the Nigerian Stock Exchange (NSE), brightened yesterday, when the local...
4 May 2019
MTN Group has announced the appointment of the Emir of Kano, Muhammadu Sanusi 11, to its Board of Directors effective July this year.The telecommunications firm also listed Dr. Aisha Abdullahi, a former African Union (AU) Commissioner for Political Affairs and a former Nigerian Ambassador to Guinea as a board member. Welcoming the new directors to the…
11 Feb 2019
Jumia, Africa’s online retailer, is planning an initial public offering (IPO) in New York this year that could value the business at about $1.5 billion, according to those in the know.
11 Nov 2018
In an ideal economy, an efficient and vibrant financial system mobilises savings and allocates them to investments by private entrepreneurs...