MTN

Business

MTN Nigeria Records N133.7 Billion Profit in Q1 2025

MTN Nigeria declares N133.7 billion profit in Q1 2025, ending its loss streak; service revenue surges with strong data performance and increased investments.

30 April 2025

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

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