Thousands of telecom towers across Nigeria may soon shut down due to a diesel supply crisis caused by a blockade at major fuel depots. The standoff, involving petroleum workers and …
MTN NIGERIA
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BusinessEnergyInfrastructureLabourTelecommunications
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BusinessEconomyInfrastructureMobile Telecommunications Network (MTN)SecurityTechnologyTelecommunications
Fibre Cuts, Vandalism Cost MTN N17.6bn in Network Losses
Between January and June 2024, telecoms giant MTN Nigeria faced over 13,700 fibre cuts across the country, severely affecting network quality and leading to massive financial losses. The company’s Chief …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarkets
Nigerian Stock Market Hits Historic Highs with 136% Gain Under Tinubu Presidency
The Nigerian stock market is experiencing its most remarkable growth since the country’s return to democracy in 1999, recording a 136% gain in the All-Share Index (ASI) under President Bola …
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BusinessInfrastructureInnovationMobile Telecommunications Network (MTN)NigeriaTechnologyTelecommunications
MTN and 9mobile Begin Network Sharing in Nigeria, Full Rollout Expected by July
Telecommunication giants MTN Nigeria and 9mobile have started testing a major radio access network-sharing agreement, with plans to fully implement the partnership across the country before the end of July. …
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EconomyFinance & ServicesINVESTMENTMarketsMobile Telecommunications Network (MTN)NewsNigeriaTelecommunications
Investors Smile as MTN Nigeria’s Share Price Jumps, Adding N3 Trillion in Market Value
Investors in MTN Nigeria Communications Plc have recorded massive profits after the company’s share price rose sharply on the Nigerian Exchange (NGX), pushing its market value up by about N3 …
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Banking, Finance & InvestmentDigital EconomyFinance & ServicesTechnologyTelecommunications
Banks Settle USSD Debts as Telcos Prepare to Start Deducting Charges from Airtime
Thirteen Nigerian commercial banks have finished paying their outstanding Unstructured Supplementary Service Data (USSD) debts to mobile network operators (MNOs). The remaining three banks have paid more than 95 percent …
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Finance & ServicesMobile Telecommunications Network (MTN)NigeriaTechnology
Telecom Operators Now Collect USSD Charges Directly From Airtime
elecommunication companies in Nigeria will now receive payment for Unstructured Supplementary Service Data (USSD) services directly from customers’ airtime, based on a new billing model approved by the Nigerian Communications …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeria
Nigerian Stock Market Soars to ₦70.5 Trillion, Surpasses Pre-2008 Levels by 347% Amid Institutional Support and Reforms
Sixteen years after the devastating 2008 global financial crisis that sent shockwaves through Nigeria’s capital market, the Nigerian Exchange (NGX) has not only staged a complete recovery but also posted …
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BusinessCyber securityEconomyInfrastructureNigeriaTechnologyTelecommunications
MTN CTO Breaks Silence on Poor Network: “Over 30 Fibre Cuts Daily, 560 Sites Vandalised Last Year”
Amid growing frustration over poor service, network outages, and sluggish internet speeds, MTN Nigeria’s Chief Technical Officer, Yahaya Ibrahim, has opened up on the internal battles the telecom giant is …
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BusinessDigital EconomyGOVERNMENTInfrastructureMobile Telecommunications Network (MTN)NigeriaTechnologyTelecommunications
MTN Nigeria Signs Major Digital Partnership with Abia State Government
MTN Nigeria has entered into a landmark partnership with the Abia State Government aimed at speeding up digital transformation and expanding broadband access across the state. The agreement was officially …