MTN Archives — City Business News

February 9, 2024 No Responses

Glo, MTN Resolve Interconnect Debt Dispute

The Nigerian Communications Commission (NCC) is pleased to announce that the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved. NCC in a statement issued by Reuben Muoka, Director, Public Affairs, explained...

January 11, 2024 No Responses

NGX All-Share Index Drops By 1.4%, Investors Lose N638b

The Nigerian Exchange closed trading on Wednesday on a negative note, due to price depreciation posted by Tier-one bank stocks and some others. Consequently, the All-Share Index declined by 1,167.46 or 1.4 per cent to close at 82,024.28, as against...

June 12, 2023 No Responses

At NDSF 2023, Stakeholders Restate Importance Of 5G Services

Stakeholders in the Information and Communication Technology (ICT) industry have restated the value of the Fifth Generation (5G) services, especially on the positive use of the internet to ease connectivity.They also noted that 5G technology has enhanced capab...

June 9, 2023 No Responses

Telecom Sector Contributes N2.508Tri To Nigeria’s GDP

The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent. F...

June 3, 2023 No Responses

MTN Is Africa’s Most Valuable Brands

Despite difficult operating conditions, Africa’s most valuable brands have demonstrated resilience and growth in 2023, according to the latest report by leading brand valuation consultancy, Brand Finance. The top 200 brands in Africa have seen a co...

May 27, 2023 No Responses

Photo News

L-R: Senior Country Manager, International Finance Corporation, Kalim Shah; Senior Manager, Participant Engagement and Programmes, United Nations Global Compact, Tumi Onamade; Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola; Chief Human ...

June 24, 2022 No Responses

Danbatta: Collaboration Is Key To 5G Deployment In Nigeria

Industry collaboration is very essential to the successful deployment of 5G Services in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said. Danbatta, who spoke in Lagos on Thursday, ...

May 31, 2022 No Responses

Court Orders MTN, NELMCO To Pay N200m To Victim Of Amputation

A High Court in Damaturu, Yobe State, on Monday ordered MTN Telecommunications limited and Nigeria Electricity Liability Management Limited/GTE (NELMCO), to pay N200m to Hamsatu Abdullahi for negligence. Justice M. Lawu Lawan said: “I hold that the pla...

February 25, 2022 No Responses

3.5GHz Spectrum: MTN, Mafab Pay for Licences

Provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made their full payment of $273.6 million each for the 5G Spectrum license to the Nigerian Communications Commission.The Exec...

February 9, 2022 No Responses

Union Threatens To Disrupt MTN Service, Gives 14-Day Ultimatum

The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) has threatened to disrupt MTN Nigeria telecommunications service if the union’s demands were not met by Feb. 23, 2022. The PTECSSAN President, Mr Opeyemi T...

December 14, 2021 No Responses

5G: MTN, MAFAB Win Provisional Licenses At $273.6m

The Mobile Telephone Network (MTN) and MAFAB Communications Ltd have emerged winners of the Nigerian Communications Commission’s (NCC’s) 3.5 gigahertz (Ghz) Fifth Generation (5G) Technology spectrum auction. The Fifth Generation (5G) Technology...

December 3, 2021 No Responses

5G: NCC Denies Shifting Deadline After MTN Bid

The management of Nigerian Communications Commission (NCC) has denied shifting bid deadline for 5G network after MTN submitted Bid A statement issued by Dr. Ikechukwu Adinde, Director, Public Affairs, read: “The Nigerian Communications Commission (NCC)...

November 10, 2021 No Responses

Airtel, MTN, Others Drive NGX Growth Further By N252b

The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel Africa and 23 others. Specifically, the market capitalisation which opened at N22.569 trillion inched higher by N252 billion or ...

November 9, 2021 No Responses

Renewed Interest In Airtel, MTN, Others Lift NGX By N644b

Transactions on the Nigerian stock market closed on a positive note on Monday with the market capitalisation gaining N644 billion to hit N22 trillion mark, amid gains by telecommunication companies. Specifically, the market capitalisation inched higher b...