Leading Information and Communications Technology (ICT) company, MTN Nigeria Communications Plc (“MTN”), has paid the sixth and final installment of N55 billion to the Nigerian Communications Commission (“NCC”). This completes MTN’s payment of the N330 billion negotiated settlement agreed between the NCC and the company in 2016. According to MTN’s Chief Corporate Relations Officer, Tobechukwu […]
Category Archives: business
MTN Nigeria Communications PLC (MTN Nigeria) received a letter on May 23, 2019, from the Economic and Financial Crimes Commission (EFCC) requesting information and documentation related to the listing of its shares on the Nigerian Stock Exchange (NSE). MTN Nigeria has not been accused of any wrongdoing by the EFCC. The company reiterated that it […]
business, News
MTN Nigeria Communications Plc Receives Approval to list on The Nigerian Stock Exchange
15
May
May
MTN Nigeria Communications Plc (“MTN Nigeria”) is pleased to announce that it has received approval to list on the Premium Board of The Nigerian Stock Exchange (“NSE”). The listing is set to proceed on 16 May 2019 and will be done by way of an introductory listing. The listing by introduction means that the shares […]
MTN Nigeria Communications Plc (MTN) announced that it has successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the Securities and Exchange Commission (SEC). The completion of this process sets in motion the next steps in MTN’s intended listing by introduction on the Nigerian Stock Exchange (NSE). Speaking on the announcement, […]
09
May
May
MTN Nigeria Communications Plc (MTN Nigeria) today announces its unaudited results for the quarter ended March 31, 2019. In 2019, MTN Nigeria adopted the IFRS 16 accounting standards in line with global best practice and adjustments are reflected in the results below. Highlights: Service revenue increased by 13.4%; Voice revenue increased by 12.7%; Data revenue […]
07
May
May
The Federal High Court (presided over by the Honourable Justice Aneke), has delivered its ruling, rejecting the Notice of Preliminary Objection filed by the AGF in response to MTN’s lawsuit. The substantive case is now scheduled to be heard on June 26. MTN took legal action after receiving a demand notice from the AGF alleging […]
business, News
MTN Group announces Changes To The Board And Establishment of International Advisory Board
03
May
May
MTN Group today announced significant changes to the Group Board and the establishment of an International Advisory Board (IAB). The MTN Group Board is of the view that MTN has entered a more stable and settled period which enables it to now effect an evolution of the Board following recent challenging regulatory environments and […]
Hundreds of top-level management staff of MTN Nigeria gathered at the Intercontinental Hotel, Victoria Island, Lagos, on Friday, 12th April 2019, for the company’s inaugural leadership programme. ‘The Leadership Gathering (TLG)’ was a special, first-of-its-kind event designed to inspire ideas and connect the dots around the company’s BRIGHT strategy (a well-defined six-pillar strategy), strengthen bonds […]
The Central Bank of Nigeria (CBN) has recognised leading information and communications technology (ICT) company, MTN Nigeria as the ‘Telco Partner of the Year’ at the just concluded 2019 Electronic Payments Incentive Scheme (EPIS) Efficiency Awards. Organized by the Nigeria Inter-Bank Settlement Systems (NIBSS), in collaboration with the CBN, the annual EPIS was designed […]
01
Oct
Oct
A UK-trained Nigerian lawyer has launched a start-up to help Nigerian businesses escape the frustrations of incorporation, operations, filing, and taxation. Efe Ugboro, who has worked as a corporate lawyer in Nigeria and in the UK, before co-founding 618 Bees, says she’s dedicating her career to ‘helping businesses grow’. ‘Working as a corporate lawyer, exposed […]