MTN Nigeria

MTN pays $53m to settle $8.1bn Nigeria dispute

MTN Group ends four-month multi-billion dollar dividend repatriation row with the Central Bank of Nigeria.

Dec 14, 2018

MTN, Nigerian central bank dispute will be over "very soon", says regulator

The Nigerian Communications Commission is confident the dispute between MTN and central bank will be resolved soon.

Dec 13, 2018

MTN, Nigeria central bank case postponed

A court has adjourned the case between MTN and the Nigerian central bank to 22 January 2019.

Dec 4, 2018

MTN, Nigeria's central bank in settlement talks

A court case over an $8.1 billion dispute between MTN and Nigeria's central bank has been pushed out as the parties try agree on a settlement.

Nov 8, 2018

MTN Nigeria battle could impact SA's financial stability

MTN's $10 billion battle with the Nigerian authorities could increase the risk to SA's financial system depending on the outcome, says the South African Reserve Bank.

Oct 30, 2018

MTN makes more money from fewer users in SA

MTN South Africa made more average revenue per user in the quarter ended 30 September, despite losing 705 000 customers.

Oct 29, 2018

MTN grows customer base despite Nigeria drama

The group added 2.5 million new subscribers in the third quarter, boosted by strong performances in Nigeria and Ghana, while MTN SA lost customers.

Oct 25, 2018

$8.1bn MTN sanction may scare investors away from Nigeria

The Nigerian central bank's demand for MTN to repatriate $8.1 billion does not bode well for the country's image as a favourable investment destination, analysts agree.

Oct 8, 2018

MTN's $8bn headache could be reduced

Nigeria's central bank governor says the $8.1 billion it is demanding from MTN could be decreased.

Sep 20, 2018

Nigeria's central bank eases up on MTN

The Central Bank of Nigeria says it is reviewing information with a view to reaching an equitable resolution to the $8.1 billion MTN repatriation issue.

Sep 14, 2018

MTN 'explores other options' on Nigerian IPO

Nigeria's $10 billion demand makes MTN's planned IPO in the country pretty challenging and awkward, says group CFO Ralph Mupita.

Sep 5, 2018

Nigeria raises heat on MTN with $2bn tax bill

The MTN Group is hit with a $2 billion Nigerian tax bill, marking the operator's latest skirmish with authorities in its most lucrative market.

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