Tag: MTN Nigeria

MTN Nigeria Records N740b Forex Losses
March 2, 2024 No Responses

MTN Nigeria Records N740b Forex Losses

MTN Nigeria Plc has reported a loss before tax of N177.8 billion compared to a pre-tax profit of N518.8 billion in 2023.  The company attributed the losses to a massive foreign currency loss of N740 billion up from N81 billion reported in 2022. This...
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MTN Nigeria Shareholders Get N13.12b Dividend For 2021
April 30, 2022 No Responses

MTN Nigeria Shareholders Get N13.12b Dividend For 2021

For the year 2021, MTN Nigeria Communications Plc paid N13.12 billion as dividends to shareholders.  Its audited Financial Statement for the year released in Lagos on Friday showed that the company paid N8.57k per shareholding.  The statement also in...
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MTN Nigeria Secures Approval For N89.9b Bond
October 8, 2021 No Responses

MTN Nigeria Secures Approval For N89.9b Bond

By ebosele@hotmail.com —  MTN Nigerian Communications Plc (MTN Nigeria) has obtained the approval of the Securities and Exchange Commission (SEC)  to launch Series II 10-Year Fixed Rate Bond.  A notice issued by  Uto Ukpanah,  MTN Ni...
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MTN Nigeria Budgets N600b For Network Infrastructure
August 23, 2021 No Responses

MTN Nigeria Budgets N600b For Network Infrastructure

As part of measures to improve telecommunications services, MTN Nigeria Communications has concluded plans to invest more than N600bn in network infrastructure over the next three years. Chairman of MTN Nigeria Communications, Dr Ernest Ndukwe, disclosed ...
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