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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...

MTN, Mafab: FG rakes in $547.2m from 5G spectrum auction

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The Federal Government is raking in $547,200,000 from the sales of two spectrum slots for the deployment of Fifth Generation (5G) technology. After 11 rounds...

MTN, Mafab win Nigeria’s 5G licences at $275.9m per slot

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MTN Nigeria Communications Plc, and Mafab Communications Ltd. have won the bids for the two slots of 3.5 gigahertz (Ghz) spectrum. Airtel Networks Ltd lost...

MTN makes COVID-19 vaccination mandatory for staff

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Effective from January 2022, MTN Group would be making vaccination against COVID-19 mandatory for its staff across its operations. The telco in a statement on...

NCC: MTN, Airtel, Mafab qualify for 3.5Ghz spectrum auction

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The Nigerian Communications Commission (NCC) has announced MTN Nigeria Communications Plc, Airtel Networks Ltd and Mafab Communications Ltd., as approved bidders of the forthcoming...

MTN, Access Bank, Ecobank, Flour Mills push investors’ losses to N409bn

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Activities on the Nigerian Exchange Ltd. (NGX) resumed the month of December on Wednesday in red with a loss of N409 billion due to...
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