MTN Nigeria Communications Plc and Airtel Africa have aggressively cut their foreign debt, repaying $1.2 billion in 2024 to ease foreign exchange burden as they chart a path back to profitability. Fol...
When MoMo PSB, MTN Nigeria’s fintech arm, lost 2.5 million active wallets in 2024— two years after its launch—CEO Karl Toriola claimed during an investors’ call the decline was part of a strategic shi...
MTN Nigeria Communications Plc recorded a N400.4 billion loss after tax in the full year of 2024 despite a 35.9% growth in revenue to N3.3 trillion. This is according to its audited financial results ...
MTN Nigeria has recovered ₦32 billion from Nigerian banks as part of the ₦74 billion outstanding debt owed to the telecom operator for Unstructured Supplementary Service Data (USSD) service charges. H...
Nigeria’s largest telecom operator, MTN, has issued a public apology to its customers following widespread complaints about a sudden 200% increase in the price of its popular 15GB data bundle. The pri...
MTN Nigeria has raised the prices of its internet plans to implement the 50% tariff increase approved by the Nigerian Communications Commission (NCC) in January. The revised prices now inclu...
