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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.