Business
MTN & Airtel Boost Network Investments Despite Tariff Hike
MTN and Airtel ramp up investments to meet soaring data demand, with plans to expand network infrastructure after a 50% tariff hike.
12 March 2025
Tag: MTN
Business
MTN Nigeria Records N400.4 Billion Loss in 2024 Despite 35.9% Revenue Growth
MTN Nigeria posted a N400.4 billion loss in 2024, driven by naira devaluation and forex losses, despite 35.9% revenue growth to N3.3 trillion.
28 February 2025
Breaking News
Nigerians React As MTN Increase Data Price By 200%
Nigerians express outrage over MTN’s sharp data price hike, with a 15GB weekly plan jumping from N2,000 to N6,000
11 February 2025
Business
FCCPC Secures Court Order to Probe MTN, Other Telcos
FCCPC wins landmark court case over NCC, affirming the agency’s powers to probe MTN and other telecom operators for breach of consumer protection laws.
10 February 2025
Business
MTN Nigeria’s Stock Appreciates Amid Tariff Hike Announcement
MTN Nigeria’s stock rebounds with a 21% rise in early 2025, driven by NCC tariff approvals and strategic lease renegotiations.
13 January 2025
Business
NCC to Announce New Telecom Tariff Plan on December 13
NCC will unveil simplified telecom tariff plans on December 13, 2024, limiting operators to seven plans to enhance transparency and fairness.
29 November 2024
Business
Nigerian Telcos Record 40.8% Drop in ARPU
Nigerian telcos face a 40.8% drop in Average Revenue Per User (ARPU) as operational costs soar. MTN Nigeria and Airtel Nigeria suffer declining profit
19 November 2024
Business
MTN Nigeria Declares Q3 2024 Profit After String of Losses
MTN Nigeria bounces back with a Q3 profit of N4.13 billion, supported by resilient data and service revenue despite naira devaluation
31 October 2024
Business
Telecoms Sector May Face Divestment Crisis Without Prices Review, Warns MTN CFO
MTN CFO, Mr. Module Kadri, warns of a potential divestment crisis in Nigeria’s telecoms sector if service prices are not reviewed
16 October 2024
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