Date | Title | Description |
14.11.2024 | MTN Group reports 18.5% slump in service revenue | MTN Group on Thursday reported an 18.5% fall in service revenue in the third quarter ended 30 September 2024, hit by the devaluation of the Nigerian naira and operational challenges in Sudan.
MTN, with 288 million subscribers in 17 markets ... |
08.11.2024 | The Fintech Showdown: MoMo PSB vs. OPay and Paystack | In the bustling arena of Nigeria's fintech landscape, a fierce competition is brewing. At the heart of this clash are three heavyweights: MoMo Payment Service Bank (PSB), OPay, and Paystack. Each is vying for dominance in a market ripe with... |
06.11.2024 | MoMo PSB poised to compete with OPay, Paystack | Cześć,
Victoria from Techpoint here,
Here's what I've got for you today:
MoMo PSB to compete with OPay, Paystack
Hot fintech ideas for VCs to invest in
Funke Opeke ends 14-year stint MoMo to compete with OPay, Paystack
MTN Nigeria’s MoMo Pa... |
05.11.2024 | MTN MoMo applies for PoS and payments licences to compete with OPay, Paystack | Key takeaways:
MTN Nigeria's MoMo PSB has applied for two new licences: Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP).
This marks a rare regulatory precedent, as Payment Service Banks (PSBs) traditio... |
31.10.2024 | MTN’s tale of woe in Nigeria | MTN Nigeria Communications CEO Karl Toriola
MTN’s key Nigerian operation has reported a big loss in its latest financial results as macroeconomic, regulatory, currency and other factors continue to exert huge pressure on the business.
Despi... |
26.10.2024 | The Cyber Siege: Unpacking the Globacom Breach | In the digital age, a company’s lifeblood is its data. When that data is compromised, the repercussions can be catastrophic. The recent cyber attack on Globacom, Nigeria’s telecom giant, serves as a stark reminder of the vulnerabilities lur... |
22.10.2024 | Seamfix: 17 Years of Building Trust Through Digital Identity | In the bustling heart of Lagos, a quiet revolution has been brewing for 17 years. Seamfix, a digital identity solutions provider, has transformed the landscape of identity management in Africa. Founded in 2007 with a mere $500, the company ... |
21.10.2024 | IHS secures $439m loan to refinance debt and support expansion | IHS Towers, Africa’s largest telecom tower company, has secured a new $439 million loan to manage currency risks and support its operations across multiple regions. Almost half of the loan is in South African Rand, while the other half is i... |
21.10.2024 | The Globacom breach: How hackers held Nigeria’s telco giant hostage | On the night of July 13, 2023, staff of Globacom—the Nigerian telecoms company that disrupted the industry in 2003 with ”per second” billing—could not access their emails or use work applications. Employees on the night shift didn’t panic b... |
21.10.2024 | Seamfix Celebrates 17 Years of Empowering Identity and Trust | Pioneering Digital Identity Solutions That Transform Lives and Businesses L-R, Frank Atube, Executive Director and Chief Operating Officer, Seamfix, Chimezie Emewulu, Co-founder and Group Chief Executive Officer, Seamfix, Chibuzor Onwurah, ... |
21.09.2024 | CashToken rewards Africa: Giving hope, One patronage at a time | At CashToken Rewards Africa, we believe that every Nigerian deserves more than just a thank you for their loyalty and patronage.
That’s why we’ve created the CashToken, a revolutionary way to reward ordinary Nigerians for the transactions t... |
20.09.2024 | Tespire, an Edtech Startup from Northern Nigeria, Set to Announce Pre-seed Round as it Pushes for Data-Driven Education Solutions | Abdulkadir Suleiman Founder and CEO Left Umar Madugu Co-Founder CTO Right
Tespire, a promising EdTech startup which was birthed in Northern Nigeria, is set to announce the completion of its pre-seed fundraising round by the end of the month... |
17.09.2024 | Nairametrics to hold webinar on Telcos and the future of financial inclusion in Nigeria | Nigeria’s leading financial advocacy platform, Nairametrics will hold its monthly industry outlook with the focus on the telecoms industry and the future of financial inclusion in Nigeria.
The virtual event is billed to hold on the 21st of ... |
05.09.2024 | Airtel Nigeria's Strategic Leap: A New Era in Telecommunications | Airtel Nigeria is making waves. The second-largest mobile network operator in the country has secured three crucial telecom licenses from the Nigerian Communications Commission (NCC). This move is not just a step; it’s a leap into new reven... |
04.09.2024 | Airtel Nigeria’s subsidiary secures three licences to open new revenue streams | Airtel Nigeria, the country’s second-largest mobile network operator, has secured three telecom licences from the Nigerian Communications Commission (NCC) as it looks to unlock new revenue streams.
The licences include an Internet Service P... |
19.08.2024 | MTN Nigeria: Navigating Financial Waters and Regulatory Storms | In the bustling landscape of Nigeria's telecommunications sector, MTN Nigeria stands as a titan. Yet, even giants face storms. Recently, MTN has made headlines for two significant developments: a strategic renegotiation of tower leases and ... |
19.08.2024 | MTN Nigeria to save N100 billion annually from renegotiated Tower Leases | MTN Nigeria has renegotiated its tower lease agreements with IHS Towers, a strategic move that is expected to save the telecoms giant approximately N100 billion annually.
This renegotiation is part of the company’s ongoing efforts to enhanc... |
16.08.2024 | Osun government, MTN Nigeria lock horns over N1 billion Right of Way fee demand | Tech giant, MTN Nigeria, is currently locked in a dispute with the Osun State government over an alleged outstanding Right of Way (RoW) fee and penalty worth over N1 billion.
According to documents sighted by Nairametrics, the Osun State Go... |
07.08.2024 | MTN Nigeria renegotiates tower lease agreements with IHS and ATC, cuts dollar component | MTN Nigeria Communications Plc on Wednesday said it has renegotiated the binding commercial terms of the existing infrastructure sharing and master lease agreements with IHS and ATC Nigeria.
Specifically, the company said it has revised the... |
08.07.2024 | IHS Towers: The Backbone of Digital Possibilities | IHS Towers, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has made a significant mark in Nigeria since its inception in 2001. It has emerged as a pivota... |
01.07.2024 | Nigerians welcome launch of ZTE latest mobile phones | The Nigerian mobile ecosystem witnessed a historic moment on Friday, June 28, 2024, with the grand launch of ZTE’s latest mobile range, spearheaded by a strategic partnership with TD Africa, the leading tech products distributor in the cont... |
26.06.2024 | House of Reps threaten to sanction MTN, Airtel for failing to honour invitation | The House of Representatives Committee on Corporate Social Responsibility (SCR) has threatened to sanction telecommunications companies, MTN and Airtel for failing to honour their invitation.
Rep. Oby Orogbu, the Chairman of the Committee s... |
14.06.2024 | Big 4 maintain market dominance as audit firms earn N17.34 billion fees in 2023 | Story highlights
The 50 most capitalized companies in the Nigerian equities market paid a sum of N17.24 billion as audit fees in 2023, a remarkable 46.7% increase from N11.82 billion in 2022.
The Big Four audit companies, maintained industr... |
05.06.2024 | MEET ITEL’S FIRST GAME TEAM AT THE RS4 CITY TOUR GRAND FINALE | itel, in collaboration with esteemed partners Google, 108NE Sports, MTN, Minimie, Carry1st, Ridima, Monster, and Palmstore, hosted the sensational grand finale of the RS4 City Tour Gaming Tournament on June 1st, 2024, at the Nebo Hall in Oj... |
15.05.2024 | Game on, Play Faster With itel’s First Gaming Smartphone, The RS4 | Attention all gamers! itel has entered the gaming smartphone market with a bang. Get ready to level up your gaming experience with itel’s groundbreaking entry into the gaming smartphone arena—the itel RS4. Designed specifically for gamers, ... |
14.05.2024 | Currency woes knock MTN first quarter results | MTN Group, Africa’s biggest telecommunications operator, reported an 18.8% decline in its first-quarter service revenue, weighed down by the performance of MTN Nigeria.
South Africa-headquartered MTN, with 288 million subscribers in 18 mark... |
06.05.2024 | Latest V30 Lite is Now Available in Nigeria at NGN 299,900 | The future of smartphone innovation has arrived with the first sale of vivo V30 Lite, now available in Nigeria from 6th May 2024. This latest addition to the renowned series offers an exceptional fusion of experience, utility, and performan... |
30.04.2024 | How much MTN bosses personally own of the company | MTN Group CEO Ralph Mupita
MTN Group requires that its executives buy and hold shares at a level in proportion to their annual fixed packages to “align shareholder and executive interests”.
The JSE-listed pan-African telecommunications grou... |
25.03.2024 | Nigeria naira woes slam MTN | Africa’s biggest telecommunications operator MTN Group on Monday reported a 72.3% tumble in full-year profit as a sharp devaluation in the Nigerian naira pushed its biggest unit MTN Nigeria to a loss.
South Africa-headquartered MTN said its... |
08.03.2024 | How Huawei became Nigeria’s biggest telecoms vendor and enterprise business | When Huawei launched in Nigeria in 1999, two years before its telecommunications revolution, very few people could have predicted it would become the country’s biggest telecoms vendor and build one of the country’s biggest enterprise busine... |
04.03.2024 | Weekly Economic Index: Nigeria probes Binance, MTN Nigeria’s ₦137 billion loss, and Uber’s $100 million on Moove | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week:
MTN Nigeria suffers ₦137 billion loss, as naira plunges
MTN Nigeria, the country’s largest telecoms operato... |
20.04.2023 | 15 Ways Startup Founders Can Attract Investors | getty |
01.09.2022 | Out There Media and MTN Nigeria bring RCS to market, achieving outstanding results for mega-brands campaigns | Out There Media presented ground-breaking results of their RCS campaigns for Unilever, the World Health Organization, and FilmOne Entertainment
Out There Media (OTM), the global leader in telco-driven mobile advertising, announced that it h... |
20.05.2022 | 11 Ways To Align Company Goals With Business Development Efforts | Before you are able to attract the right business development deals that best suit your organization, make sure you understand the company's long-term strategic goals so you can build on and achieve opportunities that have the power to flou... |
16.05.2022 | MTN Nigeria enhances data protection with LigaData Time Machine | LigaData and MTN logos
MTN Nigeria announces the adoption of LigaData Time Machine.
Data is a critical part of MTN Nigeria’s Digital Transformation mission”
— Chief Information Officer at MTN Nigeria. PALO ALTO, CALIFORNIA, May 16, 2022 /EI... |
07.03.2022 | Boomplay Partners with MTN Nigeria to Offer Affordable Subscription & Data Bundles | Boomplay, the #1 music streaming service in Africa, has partnered with MTN Nigeria to launch the Boomplay x MTN Data bundle as part of its efforts to continue making music easily available to its users. This partnership will offer MTN subsc... |
01.03.2022 | MTN Celebrates Brand Refresh with Grand Industry Event | L-R: Joey Akan, Entertainment Editor, News Central TV; Adia Sowho, Chief Marketing Officer, MTN Nigeria; Adekunle Adebiyi, Chief Sales & Distribution Officer, MTN Nigeria; Emamoke Ogoro, General Manager, Brand & Communications, MTN ... |
08.12.2021 | The Finest Hour is Upon Us | “To each, there comes in their lifetime a special moment when they are figuratively tapped on the shoulder and offered the chance to do a special thing, unique to them and their talent. What a tragedy if that moment finds them unprepared or... |
24.11.2021 | MTN Nigeria Launches Book-Building Ahead of IPO | Book Building helps companies determine the price of their shares.
Telco giant MTN Nigeria Communications Plc has launched an equity book-build to qualified investors ahead of the sale of 575 million ordinary shares in MTN Nigeria held by M... |
08.11.2021 | What MTN, Airtel PSB licence approval could mean for financial inclusion in Nigeria | Share this article:
On Friday, November 8, 2021, telecom giants MTN and Airtel, in separate statements, revealed that the Central Bank of Nigeria (CBN) had granted them approval in principle to operate payment service banks (PSBs).
Subject ... |
04.11.2021 | MTN Nigeria to Launch First Public Shares Sale, Offers 575 Million Units | It is the first time the local unit of Johannesburg-based MTN Group will welcome subscription from the public roughly two and a half years after it debuted on the NGX.
MTN Nigeria Communications Plc will open a public offering for its share... |
01.11.2021 | Airtel records $1.03bn in revenue for Q3 2021 as data revenue increases by almost $100m, surpassing growths in voice and mobile money | Share this article:
Airtel Africa, a subsidiary of India’s Bharti-Airtel, has continued to surpass its profit and revenue margins recorded in previous quarters.
In Q1 2021, it recorded revenue of $1.03 billion, a 21.7% increase from Q1 2020... |
04.08.2021 | MTN Group finally returns $280m in 2020 dividend from Nigeria | South Africa’s MTN Group has repatriated its last year’s dividend of around $280 million (R4.2 billion) from its local unit in Nigeria. The company reported the payout on Monday during the release of preliminary financial results for the si... |
03.08.2021 | Kuda Bank’s Series B, Catalyst Fund’s fintech programme, MTN Nigeria’s new execs, Payhippo in Y Combinator | Share this article:
Good day.
Today I’m discussing:
Kuda Bank’s Series B
Catalyst Fund’s fintech program
MTN Nigeria’s CMO
Payhippo in Y Combinator’s Summer cohort Africa-focused digital bank, Kuda, raises $55m Series B
The Kuda Card
What’s... |
15.07.2021 | Out There Media and MTN Nigeria launch telco-driven mobile advertising with flagship brands and agencies | Campaigns deliver 70 to 120 times better response rates than industry average benchmarks
London/Lagos, 15th July, 2021 –: Out There Media (OTM), a global leader in mobile advertising and data monetization, today announced that it has succes... |
03.05.2021 | Social media supporting local media, MTN’s impressive Q1 2021 | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
Social media support for local news media
MTN defying the odds once again in Q1 2021
Notable events from last week, such as CBN’s hammer
Social media supp... |
20.04.2021 | Four Ways Leaders Can Identify Value Creators | Onyinye is the Head of Enterprise Marketing for MTN Nigeria, MTN is one of Africa's largest providers of communications services. |
14.01.2021 | MTN on the misinformation on COVID-19 and 5G | Since COVID-19 started to spread throughout the world in early 2020, social media has been abuzz with speculation linking 5G technology to the pandemic. However, scientists and health experts across the globe have discredited this as misinf... |
16.12.2020 | Burning questions arising as the Nigerian government plans to block SIM cards without NIN | Share this article:
Following a directive to suspend the registration of new SIM cards nationwide, Nigerians with existing SIM cards have been directed to update their SIM registration details with their National Identification Number (NIN)... |
27.08.2020 | The impact of the pandemic on telcos and quality of the Internet in Nigeria | Share this article:
The pandemic has disrupted a lot of businesses, and telecommunications companies (telcos) have not been left out. This is especially important considering that the Internet has become more of a need than a luxury in rece... |
05.05.2020 | Q1 2020 report: For MTN Nigeria, voice revenue remains king over data | Share this article:
This year has been a relatively strange one for businesses all over the world. The pandemic and the lockdown following it have kept a lot of businesses on their toes. In retrospect, Q1 2020 might have been a time for mos... |
27.02.2020 | Join MTN at Techpoint SME Clinic as it supports the training of over 2000 SMEs | Share this article:
Over the years, MTN has empowered many businesses across Nigeria, providing them with a wide range of mobile and internet-based communications solutions.
Through its business-focused services like MTN Mobile Ads, MTN Clo... |
16.11.2019 | How MTN Nigeria gained over $1.8bn valuation within just 6 months on the NSE | Share this article:
Whether it’s on the Nigerian Stock Exchange (NSE) or any foreign exchange, for most companies, going public could be a two-sided affair, and success or failure on any bourse is usually subject to a number of external inf... |
01.10.2018 | MTN is considering scrapping its Nigerian IPO | MTN Nigeria, currently facing a combined $10 billion in claims from the Nigerian government, has said that it may no longer seek to raise capital through an initial public offering on the country’s stock exchange.
The company is considering... |
25.07.2018 | Data Costs Across Some Major Cities In Africa | Internet Penetration in Africa as at December 2017 was 35% which is lower than the world average at 54%. Although the number has been growing due to the dropping costs of smartphones and data, data costs are still relatively high in many Af... |
20.03.2018 | Nigerians spent ₦3.2 trillion on airtime in 2017 but telcos are still worried | Share this article:
It was recently revealed that telecoms subscribers in Nigeria spent a whopping ₦3.2 trillion purchasing airtime in 2017.
With the figures having a semblance to previous years’ estimates, it is easy to say that Nigerians ... |
12.09.2017 | UGANDAN STARTUP MUSANA CARTS PROMOTES SOLAR POWER | Musana Carts has prioritized providing their solar-powered cart to street vending entrepreneurs, which has turned out to be hugely popular.
The goal of the startup is to earn a sustainable, reliable income from their sales of solar-powered ... |
11.09.2016 | Samsung Z2 4G Next to be Released on MTN Network in Nigeria | Just a couple of days after the Samsung Z2 was released in South Africa, there are indications that the next destination of the Tizen-powered smartphone may likely be Nigeria. Well, that’s if the post by leading mobile network operator MTN ... |
01.09.2016 | MTN Nigeria said to target $1bn in IPO | - |
11.07.2016 | Guess which Nigerian Hollywood star will judge the Microsoft Imagine Cup 2016 finals? | Share this article:
If you’ve been longing for the world finals of the Microsoft Imagine cup in Seattle later in the year, it can’t be any more exciting than what you’re about to hear.
Having already unveiled a lineup of 35 student develope... |
11.07.2016 | Nigerian telcos and the terrible, horrible, no good, very bad tale of “text STOP to 2442” | We all shouted hurrah that day. Or at least, I did, when I saw a tweet from the Nigerian Communications Commission say that all our troubles were over – the Do-Not-Disturb code: STOP to 2442 would put an end to those pesky marketing message... |
17.05.2016 | Data Wars: A race to the bottom | Share this article:
This article is over 3 years old. But the Data Wars continue.
First, it was Airtel, then Glo. MTN and Etisalat maintained their data plan prices for a long time after, but eventually, they let up. After several years of ... |
16.09.2015 | Free internet may not come free in Africa | - |
11.06.2015 | MTN Nigeria, Naij and Opera Mini are about to Partner Up | But we don’t know why exactly.
That’s because the media briefing to officially announce the partnership between Naij, a Nigerian online news forum, MTN Nigeria and developers of the Opera Mini web browser will hold next week.
Guest speakers... |
08.05.2015 | MTN’s APPtitude Offers 30 Days of Free Downloads for Nigerian Apps | Mobile network operator, MTN Nigeria, has launched the APPtitude campaign, an offering that allows its subscribers download Nigerian apps free.
MTN told TechCabal that the APPtitude campaign will run for 30 days, starting from May 1 to 30, ... |
06.04.2015 | Mobile West Africa 2015 Garners More Industry-Wide Sponsorships | Share this article:
Since 2011, Mobile West Africa has been regarded as the leading technology event in Africa so it should come as no surprise that All Amber, the organisers of this highly acclaimed conference were able to secured a wide-r... |
25.02.2015 | MTN Just Slashed Call Rates By Half. But There Are Conditions | Share this article:
MTN today announced the rebooting of the TruTalk prepaid tariff plan. The new TruTalk plan includes cheaper base call rates, across all networks, and the return of “Family and Friends”. If you remember very well, the old... |
23.04.2014 | MTN, Jumia Ivory Coast Sign Payment Deal | Two leaders of e-commerce in Africa, Africa Internet Holding (AIH), Africa’s largest internet incubator and mobile service provider, MTN have today announced the beginning of a new partnership. Consequently, MTN and Jumia are now joining up... |
24.04.2013 | MTN Nigeria Secures $3 Billion Loan Facility To Upgrade Operations | As competition spices up in Africa’s most lucrative telecommunication market, MTN Nigeria which has the largest subscriber base in the West African country has secured a $3 billion (about N470 billion) loan facility from a consortium of loc... |
07.12.2012 | MTN Pilots Cloud Computing Services In 6 African Markets | href=”http://mtnbusiness.com.ng/sme/cloud-services”>MTN Business, a subsidiary of the MTN network, has launched a pilot project for its cloud bouquet of services that will provide a single point of contact for SMEs in Africa. MTN Cloud i... |
04.09.2012 | 3MFuture In Patent Court Win Against Giants MTN, Standard Bank | 3MFuture, a South-Africa based small technology company, has won its legal claim for patent infringement by sector giants MTN and Standard Bank. 3MFuture claimed that the respondents had infringed the company’s intellectual property rights ... |
- | UGANDAN STARTUP MUSANA CARTS PROMOTES SOLAR POWER | Musana Carts has prioritized providing their solar-powered cart to street vending entrepreneurs, which has turned out to be hugely popular.
The goal of the startup is to earn a sustainable, reliable income from their sales of solar-powered ... |