MTN Archives — Page 3 of 4 — City Business News

August 19, 2020 No Responses

Nigeria Wades Into MTN, Union Dispute

The Nigerian Government has waded into the trade dispute between MTN Nigeria Communication Plc and Private Telecommunication and Communications Senior Staff Association of Nigeria (PTECSSAN). Minister of Labour and Employment, Chris Ngige, made the development public during a meeting between the...

August 13, 2020 No Responses

MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent

Transactions maintained upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains. Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with...

August 11, 2020 No Responses

Union Gives MTN 14-Day Ultimatum Over Alleged Unfair Labour Practices

Workers in the telecommunications sector on Tuesday gave a 14-day ultimatum to MTN Nigeria, to address alleged unfair labour practices. The workers, under the aegis of Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN)...

July 10, 2020 No Responses

MTN Nigeria, Vitafoam, Others Lift Market Capitalisation By N15b

March 4, 2020 No Responses

Nestle, MTN Nigeria Top Gainers’ Table As NSE Recovers N232b

The Nigerian Stock Exchange (NSE) on Tuesday recovered 1.70 per cent on renewed investors’ interest in high yield dividend stocks. Speficially, the All-Share Index, which opened at 25,816.57, inched 438.54 points or 1.70 per cent to close at 26,255.11. Conse...

January 30, 2020 No Responses

Market Capitalisation Drops Below N15tri Mark

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday dropped to N14 trillion mark due to persistent profit taking. Specifically, the market capitalisation which opened at N15.132 trillion shed N138 billion or 0.91 per cent to close at...

January 29, 2020 No Responses

Buhari To MTN Chairman: We’ll Provide Enabling Environment For Businesses To Thrive

The Federal Government is committed to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses. President Muhammadu Buhari gave the as...

October 31, 2019 No Responses

MTN Nigeria Posts N856.48b Revenue In Nine months

MTN Nigeria Communications Plc has announced a revenue of N856.48 billion for nine months ended September 30, 2019. The unaudited result showed that the revenue represented a growth of 12.03 per cent when compared with N764.46 billion achieved in the...

July 25, 2019 No Responses

MTN Appoints Ndukwe Chairman Designate As Dozie Retires

By Moses Ebosele, ebosele@hotmail.com — Foremost Telecoms firm, MTN on Wednesday announced the retirement of its board chairman, Pascal Dozie and five other non-executive directors . The company also announced the appointment of former Executive Vi...

May 21, 2019 No Responses

NSE Backs MTN On N40b Free Float Requirement, Premium Board Listing

By Moses Ebosele, ebosele@hotmail.com — MTN Nigeria met with the free float requirement of N40 billion. The free float of MTN Nigeria at the time of listing was in excess of N90 billion, the Nigerian Stock Exchange (NSE) clarified on...

May 18, 2019 No Responses

MTN, First Bank, Access Bank, UBA, GTBank, Others Seal N200b Loan Deal

MTN Nigeria Communications Plc on Friday signed a seven-year 200 billion naira medium term facility with a consortium of seven mostly local banks. The company stated this in a statement by its Company Secretary, Uto Ukpanah, to the Nigerian Stock...

May 4, 2019 No Responses

Sanusi Joins MTN Board

MTN Group, on Friday, in Johannesburg, South Africa,announced the appointment of the Emir of Kano, Mallam Sanusi Lamido Sanusi, into its board. The appointment of the former Central Bank of Nigeria (CBN) governor is part of significant changes...

April 16, 2019 No Responses

Defence Ministry, First Bank, MTN, DPR, Others Win Toyota Awards

Toyota Nigeria Limited (TNL) has honoured First Bank with Evergreen Customer award with a reward of brand new Toyota Yaris. Speaking at a ceremony held in Lagos to honour Toyota Customers, TNL Chairman, Chief Michael Ade-Ojo described First Bank as...

September 17, 2018 No Responses

Labour Tasks MTN On Alleged $2B Tax Arrears, $8.13B Transactions

We at the Nigeria Labour Congress (NLC) hereby urge MTN Nigeria to comply without further delay the directive of the Federal Government to it to pay $2 billion in tax arrears as well as the $8.13 billion it was said...