MTN group – NEWSWATCHNIGERIA

May 16, 2019 No Responses

JUST IN: MTN Offers 20% of Its Shares to Nigerians

MTN Lists Shares On Nigerian Stock Exchange Mobile Telecommunication operator, MTN has given 20% of its shares to Nigerians for ownership. The Chief Executive Officer, MTNNigeria, Ferdi Moolman, confirmed this at the listing of the company’s on the Nigeria Stock...

May 3, 2019 No Responses

JUST IN: Emir Sanusi Lamido Sanusi, Dr. Aisha Abdullahi Join MTNGroup

MTNGroup has announced the appointment of His Royal Highness, Sanusi Lamido Sanusi, Emir of Kano to its Board of Directors effective July 2019. HRH Sanusi is a former Governor of the Central Bank of Nigeria from 2009 to 2014, during...

March 8, 2018 No Responses

Revealed! MTN to Withdraw Operations from Some African Countries Including…

MTN Group on Thursday has tagged some African countries as not business friendly and has began a review to decide whether it really needs to be in all 22 of its markets across Africa and the Middle East. The teleco...

February 12, 2018 No Responses

MTN has Not Applied for Initial Public Offering, says SEC

The Securities and Exchange Commission (SEC) on Monday said that it was yet to be notified by the MTN Group on plans to raise about 500 million dollars from the Nigeria’s capital market. A source who pleaded anonymity in Lagos...

January 30, 2018 No Responses

2017: MTN Returns to Profit, Shakes of $1billion NCC Fine

The MTN Group, said it has returned to profit in 2017, recovering from a $1 billion fine it paid for its Nigerian business in the period. It expects to report a profit for the 12 months ended December 31, Bloomberg...

August 3, 2017 No Responses

MTN Returns to Profit-making After Turbulent 2016

MTN Group, Africa’s biggest mobile phone operator, says it has moved away from a turbulent 2016 that highlighted the risks of the company’s emerging markets strategy to a profit-making firm. MTN said on Thursday in Johannesburg that it’s earnings for...