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MTN Tasks SMEs On Technology-Powered Financing

The Chief Executive Officer, MTN Nigeria, Mr. Karl Toriola, on Friday urged Small and Medium Enterprises (SMEs) owners to use the data being sourced from telecommunication companies and financial systems to access funds for sustainable growth of their enterprises. The telecom operator, who gave the charge at the Sparkle’s webinar for SMEs with the theme […]

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MTN Nigeria Denies Receiving Strike Notice From Telecoms Workers

MTN Nigeria Communications PLC has denied receiving any communication regarding an impending disruption of telecommunications services by its telecom sector workers over anti-labor practices. The telco in a statement signed by the Company’s Secretary, Uto Ukpanah, on Thursday, said that since it was unaware of such notice, it would be unable to validate or comment […]

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MTN Nigeria Completes N89.999Bn Series II Bond Issuance

MTN Nigeria, one of Nigeria’s mobile network operators (MNOs)  has successfully completed the issuance of its N89.999 billion Series II 10-year bond with a fixed rate of 12.75% due by 2031. This hint was given by the telco’s Company Secretary, Uto Ukpanah, in a disclosure to the Nigerian Exchange Group (NGX). The N89.999 billion Series […]

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MTN Secures SEC’s Approval To Launch Series II 10-Year Bond

MTN Nigerian Communications Plc (MTN Nigeria), one of Nigeria’s Mobile Network Operators (MNOs), has obtained the approval of the Securities and Exchange Commission (SEC)  to launch Series II 10-Year Fixed Rate Bond. A notice issued the telecom operator’s  Company Secretary, Uto Ukpanah, and sent to the Nigerian Exchange Group (NXG) indicated that the Series II Bond […]

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MTN Reports N215Bn PBT In 6 Months, Despite 7.6Mn Drop In Subscriber Base

MTN Nigeria Communications Plc, one of Nigeria’s leading telecommunications service providers, on Friday reported a profit before tax of N215.12 billion for the half-year ended 30 June, representing a 54.1 percent surge over its profit in the corresponding period of 2020. The telco, in its unaudited results for the half year period filed with the […]