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Tag: MTN

USSD war: MTN bows to pressure

MTN Nigeria has finally revert commercial banks’ commission to 4.5 percent after its customers were disconnected from banking channels including the Unstructured Supplementary Service Data and banking apps.

USSD: Pantami wades into MTN, banks’ fallout

By Muhaimin Olowoporoku Isa Pantami, Minister of Communications and Digital Economy has assured that the inability of MTN users to use the Unstructured Supplementary Service...

South Africa’s MTN accelerating bid to monopolize Nigerian market

Fresh off its hiking of transfer charges on USSD and just over a year after the Nigerian government somewhat pardoned it for not paying over $2 billion in dodged taxes, MTN is looking to drive Nigerian SMEs who sell data and airtime out of business.

Nigeria’s internet subscribers hit 154.3million, MTN remains dominant

Nigeria's active internet subscribers grew by 1.84 percent from 151.5 million in the Q3 to 154.3 million in Q4 of 2020, NBS says

MTN donates 1.4 million COVID-19 vaccines

The Presidential Task on COVID-19 on Monday said that Nigeria is set to take delivery of 1.4 million doses of vaccines donated by MTN.

MTN says it will take six months to link SIM cards with NIN

MTN could be compliant with Nigeria’s order for telecoms firms to add National Identification Numbers (NIN) to all registered SIM cards within six months

MTN launches 5G network

MTN South Africa has launched its commercial 5G network, providing access to 100 sites across the country.

Ghana plans to curb MTN’s market dominance

Ghana will implement a set of policies to reduce the dominance of MTN in the country’s telecommunications market, the government said in a statement.

Robbers invade MTN office 

The Kebbi Police Command has confirmed the invasion of MTN office in Tudun Wada area of Birnin Kebbi by three robbers on Wednesday.

Buhari’s daughter Hanan, DSS sued for N500m

A suit has now been filed in which Anthony Okolie is asking President Buhari's daughter, the Department of State Services (DSS) and MTN, to pay him N500 million compensation.

MTN’s 5G network trial in Abuja excites Buhari (Photos)

President Buhari expressed delight to be part of the historic moment of MTN’s 5G trial in Abuja, stressing that migration from 4G to 5G would be a revolution in the industry.

MTN deactivates 600,000 subscribers

MTN Nigeria said it deactivated 600,000 active subscribers in compliance with the directive of the Nigerian Communications Commission to deactivate partially registered SIM cards.

MTN shuns FG’s directive on USSD charges

MTN Nigeria yesterday said it will go ahead to charge its customers for Unstructured Supplementary Service Data (USSD) voice or text message which allows them access to bank services via their mobile phones.

CBN opposes MTN’s planned charges

The Central Bank of Nigeria (CBN) has opposed plans by MTN to charge its subscribers for Unstructured Supplementary Service Data (USSD) access to banking services from Oct. 21.

MTN shuts all shops in Nigeria

MTN, Nigeria’s biggest phone service company said all its shops in the country will not be opened today. In a message to subscribers, the company...

NANS protests against MTN, Multichoice, Stanbic

Members of the National Association of Nigerian Students (NANS) on Thursday took to the streets of Abeokuta, Ogun state and Yola in Adamawa to protest against xenophobic attacks against Nigerians in South Africa.

NANS protests continued killings of Nigerians in South Africa

The National Association of Nigerian Students (NANS), on Thursday shut down MTN and DSTV main offices in Benue in protest of continued killings of Nigerians in South Africa.

MTN has paid 275bn SIM infraction fine – NCC

The Nigerian Communications Commission (NCC) on Tuesday said that MTN has paid N275 billion SIM infraction fine as balance of N55 billion was...

NSE officially receives Court process seeking to halt MTN Shares Listing

The Nigerian Stock Exchange, NSE, has been formally served with the processes of a suit filed by Lagos lawyer, Dr. Charles Mekwunye seeking to stop the official listing of the shares of MTN on the floor of the stock market.

Lawyer drags SEC, NSE to court over MTN listing

A legal practitioner based in Lagos, Dr. Charles Mekwunye has dragged the Security and Exchange Commission, SEC, before a Federal High Court sitting in Abuja seeking to stop the planned listing of MTN shares on the floor of Nigeria Stock Exchange.

NSE finally approves MTN Nigeria listing

The Nigerian Stock Exchange (NSE) on Tuesday finally approved the listing of MTN Nigeria shares on the nation’s bourse.

MTN Nigeria successfully registers shares with SEC

MTN Nigeria Communications Plc (MTN) on Tuesday announced that it had successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the Securities and Exchange Commission (SEC).

MTN slides on lower profit forecast

Shares in MTN Group fell as much as 5.4 per cent on Friday, a day after the South African mobile phone group announced guidance for annual profit that was lower than forecasts.

$8.1billion forex palaver: MTN, CBN reach settlement

Akin Kuponiyi A Federal High Court sitting in Lagos has adjourned till December 12, 2018 for report of amicable settlement,a dispute between MTN Nigeria Communications...

MTN, CBN in talks to settle $8.1 billion dispute

South African telecoms firm, MTN Group and Nigeria’s Central Bank are in talks to settle an $8.1 billion dispute, their lawyers said on Tuesday, as a court in Lagos adjourned the case between the parties until Dec. 12.

Network upgrade: MTN Rwanda signs deal for 50bn franc loan

MTN Rwanda, the biggest telecoms operator in the East African nation, has signed a 50 billion franc (56.20 million dollars) loan with eight local banks, whose proceeds will be used to expand and modernise its network.

Subscriber slams N250m suit on MTN over wrongful arrest, Illegal detention

A subscriber to MTN Nigeria Communications Limited, Chidi Johnson has instituted N250 million suit against the telecommunications company before a Federal High Court in Lagos, Southwest Nigeria over his alleged harassment, arrest and illegal detention without a reasonable cause.

Alleged $8.1bn repatriation: MTN vs CBN case adjourned till Dec. 4

A Federal High Court in Lagos has adjourned till Dec. 4, hearing in a dispute between MTN Nigeria and the Central Bank of Nigeria over alleged illegal repatriation of $8.1 billion by the telecoms company.

MTN shares up 2% on possibility of reduced repatriation demand

South Africa’s MTN Group shares rose as much as 2.55 per cent after the Nigerian central bank said it might reduce the $8.1 billion it had ordered the telecoms firm to repatriate to Nigeria.

Labour urges MTN to pay $10bn fine

The Nigeria Labour Congress (NLC) has urged communication giant, the MTN Nigeria to comply with the directive of the Federal Government to pay the over $10 billion as tax arrears and illegal repatriation.

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