30 results
- 17 May 2019
Nigeria Nigeria Becomes a PLC, Lists on Nigerian Stock Exchange
MTN Nigeria Communications Plc (“MTN Nigeria”) has successfully listed on the premium board of the Nigerian Stock Exchange (“NSE”). MTN Nigeria’s listing on the NSE will create a new telecoms and…
- 25 May 2020
MTN Nigeria Communications PLC Proposes Issuance of N50Bn Commercial Paper
MTN Nigeria Communications Plc has proposed the issuance of N50 billion commercial papers to raise funds for its working capital as well as for general corporate purposes, a statement from the…
- 5 Aug 2019
MTN Investment in Nigeria Hits N2trn
MTN Nigeria Communications Plc has invested more than N2 trillion in its business operations over the past 18 years. The market value of MTN Nigeria closed at the weekend at N2.585 trillion.…
- 14 Aug 2022
MTN Nigeria to Drive Expansion with N200Bn
MTN Nigeria Communications (MTN Nigeria) Plc is concluding arrangements to raise about N200 billion under a new capital raising programme. MTN plans to issue two tranches of bonds ranging from four…
- 11 May 2022
MTN Nigeria Raises N127Bn Short-Term Capital
MTN Nigeria Communications (MTN Nigeria) Plc has raised N127 billion new debt capital, placing the telecoms group in better position to diversify its capital funding. The telecom giant listed two…
- 3 Apr 2022
MTN Named Best Tax Compliant Organisation in Nigeria
MTN Nigeria Communications Plc (MTN Nigeria) has been recognised with two awards at the recently concluded National Tax Dialogue Event organised by the Federal Inland Revenue Service (FIRS). The…
- 23 Jan 2022
Regulatory Approval Delays MTN Nigeria’s PO Allotment
MTN Nigeria Communications (MTN Nigeria) Plc’s retail public offer’s allotment is still undergoing regulatory approval, more than one month after the closure of application list for the offer.…
- 24 Apr 2024
When Will Enough be Enough for MTN Nigeria? -- By Olayiwola Luqman, FCA
The history of MTN Nigeria Communications Plc (MTN Nigeria) is replete with controversies and litigation unlike other players in the telecom sector. Some might argue MTN’s size naturally attracts its…
- 10 May 2019
MTN Nigeria Releases Results for Q1 2019, Gains 2.1m Subscribers
Nigeria MTN Nigeria Communications Plc (MTN Nigeria) on Thursday announced its unaudited results for the quarter ended March 31. Mr Ferdi Moolman, chief executive officer of MTN, said that in…
- 3 May 2021
MTN Nigeria Reports N385Bn Revenue for Q1 2021
MTN Nigeria Communications Plc (MTN Nigeria) has announced its unaudited results for the quarter ended 31 March 2021, showing service revenue up by 17.2 per cent to N385.2 billion. Karl Toriola,…
- 4 Nov 2021
MTN to Sell 575m Shares in Nigeria Unit through Public Offer
MTN Nigeria Communications Plc (MTN Nigeria) has announced that it intends to proceed with a public offer for the sale of up to 575 million shares in MTN Nigeria by way of a bookbuild to…
- 29 Apr 2025
MTN Nigeria Reports N1 Trillion Revenue
MTN Nigeria Communications Plc has said it generated N1.0 trillion in service revenue in the first quarter of 2025, a 40.5 per cent increase from the N752.99 billion earned in Q1 2024. MTN Nigeria…
- 25 Dec 2024
MTN Nigeria Renews Spectrum Lease Agreement with NTEL
MTN Nigeria Communications PLC has announced that the Nigerian Communications Commission (NCC) has approved the renewal of the spectrum lease agreement between MTN Nigeria and Natcom Development and…
- 16 Nov 2025
MTN Nigeria, WWF/NCF and UNDP Nigeria Announce the Top 10 Finalists of 2025 Nigeria PachiPanda Challenge
MTN Nigeria Communications Plc, in partnership with the Worldwide Fund for Nature (WWF) through its local partner, the Nigerian Conservation Foundation (NCF), and the United Nations Development…
- 2 Aug 2021
MTN to Invest Fresh N600Bn in Nigeria
MTN Nigeria Communications Plc (MTN Nigeria) has said it will invest fresh N600 billion to expand its network across the country in the next three years. This is even as the telecom operator's mobile…
- 7 Mar 2023
MTN Nigeria Raises N125bn via Commercial Paper Issuance
MTN Nigeria Communications Plc has informed the Nigerian Exchange and the investing public of the successful completion of its Series 4 and 5 commercial paper issuances under its N150 commercial…
- 27 Mar 2024
MTN Nigeria, PAU Open Applications for 3rd Edition of MTN Media Innovation Programme
MTN Nigeria Communications Plc and the School of Media & Communications, Pan-Atlantic University have announced call for applications from qualified media practitioners to participate in the 3 rd…
- 23 Jun 2021
MTN Nigeria Gets Highest Possible Credit Ratings from GCR
Global Credit Ratings (GCR) has upgraded the national scale long-term issuer rating of MTN Nigeria Communications Plc (MTN Nigeria) to AAA and affirmed the national scale short-term rating of A1+,…
- 28 Oct 2025
MTN Nigeria, WWF/NCF, UNDP Nigeria Shortlist 100 Innovators for PachiPanda Challenge
MTN Nigeria Communications Plc, in collaboration with the Worldwide Fund for Nature (WWF) through the Nigerian Conservation Foundation (NCF), and the United Nations Development Programme (UNDP)…
- 30 Nov 2021
MTN Nigeria Launches 575m Ordinary Shares @ N169 per share
MTN Nigeria Communications Plc, Nigeria’s largest telecommunications company,has announced that it will open public offering of 575 million ordinary shares to the general retail investing public at a…
- 17 May 2019
MTN Nigeria Gains N184Bn in Listing Rally
MTN Nigeria Communications Plc rallied N184 billion in first day of trading on the Nigerian Stock Exchange (NSE). The NSE admitted, by way of introduction, 20.35 billion ordinary shares of MTN…
- 31 Aug 2021
MTN Nigeria Clarifies Alleged Tax Claims to FG
MTN Nigeria Communications Plc has clarified an alleged indebtedness to the federal government of Nigeria in respect of outstanding taxes. Mrs Uto Ukpana, MTN company secretary, made the…
- 9 Feb 2022
MTN Nigeria Debunks Knowledge of PTECSSAN Planned Industrial Action
MTN Nigeria Communications PLC has denied reports of planned industrial action by the Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) over conditions of…
- 9 Aug 2022
MTN Nigeria Empowers Youth through Vocational Workshop
MTN Nigeria Communications Plc in partnership with Huawei Technologies Company Nigeria Limited, organized a vocational workshop on Thursday, 4th August 2022, for Lagos residents, which was held at…
- 1 Dec 2021
MTN Nigeria Launches Retail Offer Roadshow to Woo Retail Investors
MTN Nigeria Communications Plc has launched a nationwide roadshow to engage interested retail investors in the on-going offer by MTN Group for shares in MTN Nigeria. The first roadshow event took…
- 20 Oct 2022
MTN Nigeria Launches 'Blow My Hustle Campaign' to Support Young Nigerians via Capacity Building & Grants
MTN Nigeria Communications PLC announced the commencement of the MTN Pulse Blow My Hustle initiative at a press launch on Wednesday, October 19, 2022. The Blow My Hustle campaign aims to empower…
- 20 May 2019
MTN Nigeria Signs 7yr N200Bn Medium Term Loan
MTN Nigeria Communications Plc has signed a 7-year N200 billion Medium Term Facility with a consortium of seven banks to fund emerging businesses in Nigeria. Ferdi Moolman, chief executive…
- 9 May 2022
MTN Expresses Readiness to Deploy 5G ahead of Timeline
MTN Communications Nigeria (MTN Nigeria) Plc has said it was ready to roll out the fifth generation (5G) services ahead of the timeline contained in the Information Memorandum (IM) prepared by the…
- 27 Jul 2019
MTN Nigeria Reports Strong Performance after Listing
MTN Nigeria Communications Plc on Friday released its unaudited result for the six months ended June 30 and announced an interim dividend of N2.95 per share to its shareholders. The company’s…
- 4 May 2026
MTN Nigeria Remits N878.7Bn Taxes, Levies in 2025
MTN Nigeria Communications Plc has reported a total remittance of N878.7bn in taxes, levies, and duties for the 2025 financial year, representing a 15 per cent increase from the prior year and…