MTN Nigeria Communications Plc (MTN), has paid the sixth and final instalment of N55 billion to the Nigerian Communications Commission (NCC). This completes MTN’s payment of the N330 billion negotiated settlement agreed between the NCC and the company in 2016. According to Tobechukwu Okigbo, MTN’s chief corporate relations officer, the successful resolution of the fine […]
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MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange (NSE) after listing on May 16. The News Agency of Nigeria (NAN) reports that the stock dipped N9 to close at N140 per share following profit taking. MTN Nigeria on May 16 listed a total of 20.35 billion shares at […]
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MTN Nigeria – The leader in telecommunications in Nigeria, and a part of a diverse community in Africa and the Middle East, our brand is instantly recognisable. It is through our compelling brand that we are able to attract the right talents who we carefully nurture by continuously improving our employment offerings even beyond reward […]
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MTN has made a payment of N30 billion ($98 million) to the Nigerian government in part settlement of a N330 billion fine imposed on the telecoms group for not disconnecting unregistered SIM cards, an MTN source told Reuters on Thursday. Africa’s largest telecoms company has already paid 80 billion naira of the total amount owed, […]
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The Federal High Court in Ibadan on Wednesday awarded N530,000 to Oluwole Aluko for unathorised deduction from his mobile lines by MTN, Nigeria. In his judgment , Justice Nathaniel Ayo-Emmanuel, held that MTN had admitted guilt by not challenging the action. “The plaintiff has the right to allow or reject the use of a caller […]
Continue ReadingThe Chief Executive Officer of MTN, Ferdi Moolman, announced on Friday that the telecommunications giant did not give bribe for the reduction of the N1.04 trillion fine slammed on the company for infraction.Mr. Moolman said in a statement in Lagos that MTN’s attention had been drawn to an online report, alleging that a top official […]
Continue ReadingMTN Nigeria has made public, its decision to list its shares on the Nigerian Stock Exchange come 2017.The joint transaction advisors and joint global coordinators for the listing are Stanbic IBTC Capital Limited (together with its affiliates, The Standard Bank of South Africa Limited and Standard Advisory London Limited) and Citigroup Global Markets Limited, with Stanbic […]
Continue ReadingMTN has agreed to pay the N1.04 trillion fine slammed on it last week by Nigerian Communications Commission (NCC). MTN was fined for violating the NCC’s directive on SIM deactivation. Series of meeting were held between MTN management team from South Africa and Nigeria with the Vice President, Prof. Yemi Osinbajo. It is perceived that […]
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