MTN – Page 2 – City Business News

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 1.22...

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...

October 21, 2021 No Responses

AfDB, MTN Sign $0.5m Grant-Agreement

The African Development Bank (AfDB) has signed a grant agreement worth $500,000 dollars with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN, for a study on the economic, religious and social factors hampering access to finance by women...

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...

September 29, 2021 No Responses

Active Mobile Subscription In Nigeria Hits 189m In August

Active mobile telephone subscription in Nigeria is 189 million as at August 2021. According to the Nigerian Communications Commission (NCC), the breakdown of the statistics indicates that active mobile subscriptions across the networks of MTN, GLobacom, Ai...

September 9, 2021 No Responses

MTN Nigeria Announces Renewal Of UAS, Spectrum Licences

MTN Nigeria Communications Plc has announced the renewal of its Unified Access Service (UAS) and Spectrum for wireless local loop 900MHz and 1800MHz band licences. This is contained in a notice by MTN Nigeria signed by the Company Secretary, Mrs...

June 24, 2021 No Responses

MTN Nigeria Gets GCR’s AAA Credit Rating

The Global Credit Rating (GCR) has upgraded the national scale long-term issuer rating of MTN Nigeria Communications Plc to AAA. This is contained in a notice posted on the website of the Nigerian Exchange (NGX) Ltd., signed by Mr Uto...

June 17, 2021 No Responses

Seplat, MTN Lift Trading On NGX By 0.15%

Trading activities on the Nigerian Exchange rebounded on Wednesday with a gain of 0.15 per cent due to interest inSeplat Plc and MTN Nigeria Communications (MTNN). Specifically, the All-Share Index increased by 57.41points or 0.15 per cent to close ...

June 11, 2021 No Responses

NCC Concludes Cost-Based Study On International Termination Rate Determination

The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of Mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international oper...

March 26, 2021 No Responses

Investors’ Interest In Stanbic IBTC, MTN Nigeria Lift Stock Market By 0.53%

The Nigerian Stock Exchange (NSE) maintained positive sentiment on Thursday with the market indices growing further by 0.53 per cent due to investors’ interest in Stanbic IBTC and MTN Nigeria. Speficially, the All-Share Index advanced further by 207.86...

March 17, 2021 No Responses

NSE Rebounds By N83b On Buying Interests In Dangote Cement, MTN Nigeria

The Nigerian Stock Exchange (NSE) rebounded on Tuesday with N83 billion following buying interest in Dangote Cement and MTN Nigeria Communications (MTNN). Specifically, the market capitalisation inched higher by 158.97 points or 0.41 per cent to close at...

January 16, 2021 No Responses

Flour Mills, MTN Nigeria, Presco Top Gainers‘ Table As Market Capitalisation Recovers N112b

Transactions on the floor of Nigerian Stock Exchange (NSE) sustained positive outlook on Friday with the All-Share Index crossing 41,000 mark. At the end of the day’s transactions, Flour Mills led the gainers’ table, gaining N2.80 to close at N...

November 12, 2020 No Responses

Renewed Interest In NB, Presco, MTN As Investors Gain N1.18tr In Three Days

The Nigerian Stock Exchange (NSE) on Wednesday extended its bullish run for the third consecutive day with investors net worth appreciating further by N324 billion. Specifically, the market capitalisation inched higher by N324 billion or 1.90 per cent to...

October 26, 2020 No Responses

NCC Grants MTN, 9mobile Approval For National Roaming Service

The Nigerian Communications Commission (NCC) has granted approval for two mobile network operators (MNOs) to carry out trial on National Roaming Service for a period of three months, beginning from Aug. 1, 2020 and ending on October 31.In a statemen...