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MTN Nigeria

Business and Economy

MTN reports N42 billion USSD indebtedness against Nigerian banks

MTN Nigeria Communications Plc has reported a N42 billion Unstructured Supplementary Service Data (USSD) service debt against the deposit...
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ICT/Telecoms

MTN will shut down if tariff doesn’t increase –  CEO

THE chief executive officer (CEO) of MTN Nigeria, Karl Toriola, said the company is likely to shut down its...
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Banking and Finance

Analysis: Why companies’ profit margins shrank in Q1

ANALYSIS of the first quarter (Q1) financial statements of some corporate organisations and companies across various sectors of the...
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ICT/Telecoms

MTN widens losses to N392.69bn in Q1, shows sign of financial distress 

MTN Nigeria Communications Plc continues to perform poorly, posting a loss after tax of N392,694 billion in the first...
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Fact-Check

No, IT student not behind MTN subscribers’ debt cancellation

An X account, @AkpraiseMedia, posted a photo showing a young man standing handcuffed amid two policemen with a claim...
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ICT/Telecoms

MTN raises N125bn commercial paper as company’s debt financing surged by 161.81%

FACED by huge finance costs, MTN Nigeria Communication Plc said it had raised N125 billion via its Series 6...
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