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MTN: We’ve paid N3.5trn taxes, N2.5trn dividends

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MTN Nigeria had paid N3.5 trillion as levies and taxes to government since its inception. The Chief Executive Officer (CEO) of MTN, Mr. Karl Toriola, who said...

MTN Nigeria issues N127bn Commercial Paper

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Nigeria’s largest telecommunications firm, MTN Nigeria Communications Plc, has issued a N127 billion Series 1 & 2 Commercial Paper (CP) under its registered N150...

MTN’s Chief Risk and Compliance Officer resigns

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The Chief Risk and Compliance Officer of MTN Nigeria Communications Plc, Mr. Cyril Ilok, has resigned his appointment with the country’s largest telecommunications firm. The...

MTN, Airtel, Glo, others mull tariff hike over cost of doing...

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Telecoms operators have threatened upward review of their tariff over rising cost of doing business and safety of telecommunications infrastructure in the country. The operators...

MTN probes top officials over sexual harassment, fraud claims

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Nigeria’s telecommunications giant, MTN Nigeria is probing allegations of sexual harassment and fraudulent activities against some top officials of the company. The telco also confirmed...

EXCLUSIVE: MTN’s Sales and Distribution Chief resigns amidst misconduct allegation

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The Chief Sales and Distribution Officer of MTN Nigeria, Mr. Adekunle Adebiyi, has resigned, The Star can authoritatively report. Adebiyi’s resignation is coming after allegations...

3.5GHz Spectrum: MTN, Mafab pay $273.6m for licences

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The provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made their full payment of...

MTN’s public offer oversubscribed as 6.6m Nigerians own telco’s shares

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MTN Nigeria Communications (MTNN) Plc has announced that its first public offer for sale of 575 million shares recorded an oversubscription of 139.47 per...

N900m fraud: How hackers linked ATMs to FCMB customers’ accounts

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The printed documents showing how scammers hacked into the computer database of First City Monument Bank (FCMB) and stole over N900 million belonging to...

Investors lose N238bn as NGX resumes after Christmas break

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The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to profit taking. Specifically, the market...
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