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  1. Nigeria Business News

    Business MTN stock jumps after Nigeria drops $2bn tax claim – Moneyweb

    Nigeria dropped a $2 billion claim for back taxes against MTN Group, ending a 16-month long battle between Africa’s largest wireless carrier and legal authorities in its biggest market. The company, which disputed the claim from the start, had struggled to convince investors it could get the...
  2. Nigeria Business News

    Business Telkom ditches MTN in favour of Vodacom – IT News Africa news alert

    On Monday, 1 July 2019, Telkom confirmed that it has made the move to switch roaming from MTN to Vodacom. This comes after the network provider announced last year that it would not be renewing its contract with … Read more via IT News Africa news alert – https://ift.tt/308XkDO Get more...
  3. Nigeria Business News

    Business Internet subscriptions in Nigeria hit 120 million – Mobility Nigeria

    The Nigerian Communications Commission (NCC) has published the latest internet users statistics for Nigeria. According to the telecom regulatory body, Nigeria now has 119,506,430 Internet users split among the... Read more via Mobility Nigeria – http://bit.ly/2ZvqFYA Get more: Nigeria...
  4. Nigeria Business News

    Business MTN pays off bulk of $1.5 billion Nigeria fine – Anti Corruption Digest

    outh African telecoms giant MTN has paid more than three-quarters of a record $1.5-billion dollar fine levelled by Nigeria for failing to disconnect unregistered subscribers, the government said late Tuesday. Africa’s biggest wireless operator… Read more via Anti Corruption Digest –...
  5. Nigeria Business News

    Business How Jumia’s planned listing on New York Stock Exchange is strategic for MTN, Rocket Internet – Techpoint.Africa

    The possible reasons why the owners of Jumia are considering the New York Stock Exchange for its IPO instead of an African alternative..... Read more via Techpoint.Africa – http://bit.ly/2TP5ApI Get more: Nigeria Business News
  6. Nigeria Business News

    Business Banks are worried they may lose customers to MTN – Nairametrics

    Nigerian Deposit Money Banks (DMBs), according to industry sources, are nervous following the recent announcement by telco giant, MTN of its readiness to apply for a Payment Service Bank (PSB) licence and launch mobile banking in Nigeria by the second quarter of next year...... Read more via...
  7. Nigeria Business News

    Business MTN and Arsenal partner to bring coaching clinic to Lagos – Pulse.ng News

    Participants had the opportunity to sit down and ask questions of … Read more via Pulse.ng News – https://ift.tt/2Kux14m Get more: Nigeria Business News
  8. Nigeria Business News

    Business MTN Grows Subscriber Base to 225.4m, Pledges to List on NSE – Thisdaylive

    The MTN Group, Africa’s largest wireless carrier, increased sales from operations by 10 per cent from a year earlier and added 2.5 million subscribers in the third quarter despite regulatory pressures in its largest markets that have wiped out more than two-thirds of the … Read more via...
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    Business Nigeria Softens on MTN as It Seeks to End $8 Billion Dispute – Bloomberg News

    Nigeria Softens on MTN as It Seeks to End $8 Billion Dispute Bloomberg UPDATE 1-Nigeria’s cbank says ... Read more via nigeria – Google News – https://ift .tt/2OBlt0l Get more: Nigeria Business News
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    Business MTN and Nigeria’s billion-dollar regulatory fines — Quartz Africa

    Nigerian officials like to tell a story about the telecoms revolution that began in Nigeria in 2001. It involves how … Read more via Quartz Africa – https://ift.tt/2N70ANW Get more: Nigeria Business News
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    Business On the MTN dividend payments saga — The Guardian Nigeria Newspaper

    In case you have been out of the loop recently, you may have missed out on the saga involving the Central Bank of Nigeria (CBN), MTN, and a couple of banks. According to the CBN, MTN in collusion with... Read more via The Guardian Nigeria Newspaper – https://ift.tt/2wMx3Oo Get more: Nigeria...
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    Business MTN Reacts To AG’s Demand Notice On Tax Compliance – P.M.EXPRESS

    Following the receipt of the letter from the Central Bank of Nigeria on foreign exchange repatriation, MTN Nigeria has on Tuesday provided an update on the company’s position on the issue. In a statement by Mr. Funso Aina, PR Manager, MTN Nigeria, the telecoms... Read more via P.M.EXPRESS –...
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    Business How MTN, four banks perpetrated $8.13 illegal deal, by CBN – The Guardian Nigeria Newspaper

    The Central Bank of Nigeria (CBN), yesterday, gave details of how MTN Nigeria Limited and four banks perpetrated the $8.13 billion illegal transactions, using false information and deliberate disregard for the rules.... Read more via The Guardian Nigeria Newspaper – https://ift.tt/2CeoCBB...
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    Business The CBN vs MTN logjam could have ripple effects – Nairametrics News

    Nairametrics As the conversation continues about the CBN order requiring MTN to … Read more via Nairametrics – https://ift.tt/2oukljP Get more: Nigeria Business News
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    Business Nigeria:Central Bank Orders MTN to Refund U.S.$8 Billion – Topix News

    The Central Bank of Nigeria has ordered the Management of MTN Nigeria Communications Limited to immediately refund the sum of $8billion illegally repatriated by the telecoms company to the coffers of the apex bank..... Read more via Topix News – https://ift.tt/2PTI0Xf Get more: Nigeria...
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    Business Finance: More than 127,000 Ghanaians now own shares in MTN – Pulse.ng

    MTN Ghana has raised 1.1 billion cedis (about $236 million) as the wireless carrier announced the successful completion of its Initial Public Offer on the country's stock exchange. According to the sale's prospectus seen by... Read more via Pulse.ng – https://ift.tt/2PoHv6j Get more...
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    Business MTN kicks against $8.1bn demand, says all dividends were approved by CBN – TheCable

    MTN Nigeria says all dividends it paid to its shareholders between 2007 and 2015 were approved by the Central Bank of Nigeria (CBN). The telco was reacting to the claim by the... Read more via TheCable – https://ift.tt/2LGscnr Get more: Nigeria Business News
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    Business CBN sanctions MTN, four banks; demands refund of illegally repatriated N3.09 trillion – Premium Times Newspaper

    The Central Bank of Nigeria (CBN) on Wednesday wielded the big stick on mobile telecom firm, MTN Nigeria Communications Limited, and four commercial banks for alleged financial infractions.... Read more via Premium Times Newspaper – https://ift.tt/2wpVNfZ Get more: Nigeria Business News
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    Sports MTN boosts freestyle football, sponsors 2018 African Championship in Lagos – The Guardian Nigeria Newspaper

    MTN Nigeria CEO, Ferdie Moolman Africa’s biggest network operator by subscriber base … read more via The Guardian Nigeria Newspaper – https://ift.tt/2MR7nKy Get More Nigeria Sports News
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    Business MTN Uganda says mobile money tax slashed daily transactions by half – TechMoran

    MTN Uganda says daily mobile money transactions have dwindled to about UGX 50 billion from an average of UGX 100 billion, a 50% slash off the top, as reported by The Monitor. The drop comes closely after the implementation of the 1% mobile money tax on the 1st of … Read more via TechMoran –...
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