MTN Nigeria

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.

14 Sep

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.

5 Sep

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.


MTN Nigeria refutes order to refund $8bn

The mobile operator challenges the Nigerian central bank over allegations that it breached the country's foreign exchange regulations.

Aug 8, 2018

MTN grows revenue, adds more subscribers

The company reports revenue growth, driven by voice and the expansion of data and digital services.

Jul 9, 2018

MTN Nigeria yet to file for IPO, says regulator

The telco has yet to file its application for an initial public offering, a share listing that could value the business at around $5 billion.

May 4, 2018

MTN Ghana listing to kick off this month

The telco says a planned listing in Ghana is expected to launch in late May, while it has come to an agreement over a fees dispute in Benin.

Apr 23, 2018

MTN picks bankers for Nigeria IPO

Nigerian investment firm, Chapel Hill Denham, will reportedly act as lead manager for MTN Nigeria's initial public offering later this year.

Oct 27, 2017

MTN survives Nigeria fine debacle

Two years after the financial and reputational damage caused by the mega fine imposed on MTN Nigeria, the group has largely learnt from the experience.

May 18, 2017

MTN faces R113m fine in Rwanda

The telecoms giant says it has received a notification of the fine from the Rwanda Utilities Regulatory Authority.

May 3, 2017

Data revenue boosts MTN

Group data revenue spiked over 29% year-on-year in the first quarter of 2017, pushing the telco's overall Q1 revenue up 7%.

Apr 13, 2017

MTN market cap down R171bn in two years

The mobile giant's share price has fallen over 40% since December 2014, shaving a considerable chunk off its market cap.

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