Browsing: MTN Nigeria

MTN Group reported an 18.8% decline in its first-quarter service revenue, weighed down by MTN Nigeria.

Nigerian companies are paying overdue dollar obligations after recent reforms led to increased liquidity in the forex market.

Regulatory support and reduced US dollar exposure have been identified as key to improving MTN Nigeria’s balance sheet.

MTN Group requires that its executives buy and hold shares at a level in proportion to their annual fixed packages.

Macroeconomic pressures are stifling financial performance while regulatory interventions restrict subscriber growth.

MTN intends asking for regulatory support in the form of industry-wide tariff increases for voice and data services in Nigeria.

MTN Group increased its fintech transaction volumes by a third in its latest financial year.

Africa’s biggest telecommunications operator on Monday reported a 72.3% tumble in full-year profit.

MTN Group has warned it expects its headline earnings per share for the 2023 financial year to plunge by up to 80%.

MTN’s two most important operating units have embarked on a programme to modernise their core networks.