44 h. ago MTN Nigeria Reshapes MoMo PSB Strategy As Active Wallets Decline By 47%

MTN Nigeria has reported a 47 per cent decline in active wallet users for its mobile money subsidiary, MoMo PSB, bringing the total to 2.8 million at the end of 2024, down from 5.3 million the previous year. This was disclosed in the company’s audited financial results for the full year 2024. The company attributed […]

Politics

3 d. ago MTN Nigeria stock price hit as naira devaluation inflcits another loss

The Nigerian unit of MTN Group Ltd fell the most in 10 months in Lagos before recovering, as investors reacted read more MTN Nigeria stock price hit as naira devaluation inflcits another loss

Politics

3 d. ago MTN cuts core infrastructure spending as capex soars to N1.53tn

MTN Nigeria lowered spending on core infrastructure projects in 2024, even as its capital expenditure soared 168.3 per cent to N1.53 trillion, largely driven by tower lease renegotiations that deepened its financial obligations. Without the lease component, MTN’s spending on critical infrastructure like fibre networks, base stations, and technology upgrades dropped to N443.5bn from N449.3bn Read More

Politics

3 d. ago MTN hopes new tariff hikes will stabilise Nigerian business after two difficult years

MTN hopes that new tariff hikes in Nigeria will be a key step in helping to steady the group’s largest read more MTN hopes new tariff hikes will stabilise Nigerian business after two difficult years

Politics

1 week ago Posterity’ll judge us harshly if public schools collapse – Shettima

Vice President Kashim Shettima has said posterity would judge leaders of the country harshly if they allowed public schools to collapse. Shettima said this at the public presentation of tablets donated by the MTN Nigeria Communications Plc to students of Government Science Secondary School, Pyakasa, Maitama, Abuja. He said President Bola Tinubu was passionate about […] The post Posterity’ll judge us harshly if public schools collapse – Shettima appeared first on The Sun Nigeria.

Politics

1 week ago Nigeria Must Embrace 4th Industrial Revolution Through Tech, Says Ndukwe

The Board chairman of MTN Nigeria Plc, Ernest Ndukwe, has tasked the government to embrace the Fourth Industrial Revolution (4IR) by prioritising technological advancements through key investment in ICT infrastructure for digital transformation and economic growth. He made the call at the Centre for Values in Leadership (CVL) 22nd annual symposium in Lagos, themed “Creating […]

Politics