Business

MTN Group to sell 575m ordinary shares in Nigerian business

Ihesiulo Grace 5 November 2021 0

*As MTN Nigeria completes N200bn bond issuance programme MTN Group has announced plans to sell 575 million shares in MTN Nigeria. This is contained in a notice signed by the Company Secretary, Mrs. Uto Ukpanah on Thursday in Lagos. The statement said the public offer would be by way of book

Business

NSE drops N393bn on renewed profit taking

Ihesiulo Grace 6 January 2021 0

The nation’s bourse recorded its first loss in the year on Tuesday, dropping by N393 billion due to renewed profit taking on blue chips. Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close at N21.122 trillion from N21.515 trillion recorded on Monday. Similarly, the All-Share Index lost 751.25 points or 1.83 […]

Business

Profit-taking in MTN Nigeria, others down equities market by N50bn

Ihesiulo Grace 5 June 2020 0

Investors’ profit-taking in highly capitalized shares on the Nigerian Stock Exchange (NSE) down the equities market by N50billion on Thursday. The Nigerian Stock Exchange (NSE) market capitalisation which opened at N13.254 trillion shed N50 billion to close at N13.204 trillion. Consequently, the NSE All-Share Index dipped 95.91 basis points, representing a dip of 0.38 per

Brands Brands and Marketing Featured

Covid-19: MTN offers free SMS to Nigerians

Ihesiulo Grace 2 April 2020 0

In a bid to leverage the living conditions of Nigerians during this lockdown, MTN Nigeria has provided a new package to offer free SMS to Nigerians. In a tweet recently, the management wrote, “We understand how important it is to keep in touch with loved ones during this period. Now you can with FREE 300 […]

Business

Loses in MTN Nigeria, 6 others stocks dip NSE indices by 0.05%

Ihesiulo Grace 26 March 2020 0

Losses in MTN Nigeria and six other stocks n Wednesday dipped the equity market of the Nigerian Stocks Exchange (NSE) indices by 0.05 per cent, even as the exchange commenced full remote trading following the raging COVID-19 in the country. Specifically, the All-Share Index dropped 11.68 points or 0.05 per cent to 21,729.48 compared with 21,741.16 […]

Tech

MTN launches new electronic recharge platform ‘Topit’

Ihesiulo Grace 5 March 2020 0

Telecommunication giant, MTN Nigeria has launched a new platform for electronic recharged called MTN TopitChief Sales and Distribution Officer, Adekunle Adebiyi, who stated this in Lagos, said the innovation was part OF MTN initiative of supporting the Federal Government in curbing environmental pollution. “Paper pollution is a major threat we are facing; what we are […]

Brands Brands and Marketing Tech

MTN Nigeria announces new music reality TV show ‘’Y’ello Stars’’

Ihesiulo Grace 19 February 2020 0

MTN Nigeria has announced the start of a new musical reality television show, ‘Y’ello Star,’’ two years after its popular Project Fame reality show was put to a halt. Speaking at the unveiling on Sunday, Chief Marketing Officer of MTN Nigeria, Rahul De, noted that Nigeria is blessed with a lot of talented people. MTN […]

News

MTN Nigeria Launches Music Streaming Platform

Ihesiulo Grace 6 November 2019 0

MTN Nigeria has announced the launch of a music-streaming platform, Music Time!.Music Time! allows passionate music lovers to choose from millions of songs available across the globe.   Developed in partnership with Simfy Africa, MusicTime! is a fascinating music streaming service, which offers the best listening experience in local andinternational music. The platform

News

Court hears MTN’s suit against Malami Jan. 30

Ihesiulo Grace 29 October 2019 0

A Federal High Court, Lagos on Tuesday further adjourned hearing until January 30 -31, 2020, the suit filed by MTN Nigeria against the Attorney General of the Federation and Minister of Justice, Abubakar Malami over alleged N242 billion and $1.3 billion import duties and withholding tax assessments. The telecommunications giant instituted the suit by a […]

Business Featured Headlines

Suspend planned charge on USSD access, FG tells MTN, others

Ihesiulo Grace 21 October 2019 0

The Federal Government has directed MTN Nigeria and other mobile operators to shelve the plan to charge four naira (N4.00) per 20 seconds on USSD access to banking services. Minister of Communications, Dr. Isa Pantami, issued the directive in a statement signed by his spokesperson, Mrs. Uwa Suleiman, on Sunday. Pantami said the office of […]

Business Computers Economy News Tech Telecoms

How MTN lost 667,245 internet subscribers in one month

Ihesiulo Grace 9 October 2019 0

Nigeria’s telecommunication company, MTN, lost a record of 667,245 internet subscribers in just one month, the latest data released by the Nigerian Communications Commission (NCC) has revealed. According to the data obtained from the regulator, MTN’s total internet subscribers stood at 52.2 million in July 2019 while the number dropped to 51.6 million in August. […]

Brands and Marketing Features

How brands use advertising to target children for increased sales

Ihesiulo Grace 25 September 2019 0

Children are usually subtle and attracted to anything beautiful and convenient to them especially when it passes messages, related to their homes, schools and leisure times. Children represent essential demographic to marketers because in addition to their own purchasing power, they also influence their parents’ buying decisions and are the adult consumers of the future.

Brands and Marketing Business News Tech Telecoms

Telecom brands’ revenue grows by 15% to reach N2.25tn

Ihesiulo Grace 6 September 2019 0

Godwin Anyebe Nigerian telecom operators grew their revenue by 15 per cent in one year to reach N2.25 trillion in December 2018 from N1.96 trillion in 2017, a report by the Nigerian Communications Commission (NCC) has shown. The 2018 network/subscriber data recently obtained from the NCC indicated that the GSM operators made up of MTN, […]

Africa Crime News

Youths storm Lagos Assembly to protest against ‘gruesome’ killing of Nigerians

Ihesiulo Grace 6 September 2019 0

Alade Tasma – Lagos Some youths Tuesday evening staged a protest at the entrance of the Lagos State House of Assembly against the killing of Nigerians in South Africa. One of the leaders of the protest, Ms Allwell Ademola, stated that they came to the Assembly to express their dissatisfaction over the killings of Nigerians […]

Business

Sell-offs in MTN Nigeria, other shares down ASI by 0.25%

Ihesiulo Grace 6 September 2019 0

Motolani Oseni Sell-offs in MTN Nigeria, Lafarge Wapco shares, others on the Nigerian Stock Exchange (NSE) down the All-Share Index (ASI) by 0.25 per cent in the yesterday trading session. The All Share Index (ASI) decreased by 0.25 per cent or 67.55 basis points to close yesterday at 27,252.09 basis points as against 27,319.64 basis […]

Business

Xenophobic attacks: MTN outlets across Nigeria shut till further notice

Ihesiulo Grace 5 September 2019 0

Ladesope Ladelokun MTN Nigeria, South-African owned telecoms giant has ordered the closure of all MTN stores and service centres in the wake of violent attacks on its facilities in major cities across Nigeria. In a statement signed by the company’s secretary, Uto Ukpanah, the company confirmed attacks on its facilities in three major cities of […]

Business Tech Telecoms

How 9Mobile lost over 200,000 subsribers in one month – NCC

Ihesiulo Grace 3 September 2019 0

Ladesope Ladelokun One of the telecommunications operators in the country, 9Mobile has lost 237,973 subscribers between June and July of 2019, the Nigerian Communications Commission (NCC) latest report has revealed. The struggle continues for 9Mobile as the number of its subscribers fell for two years straight since the change of ownership from Etisalat Nigeria in […]

Business Capital Market Capital Market News

Equities market lose N89bn over profit-taking

Ihesiulo Grace 30 August 2019 0

Temitope Adebayo The Nigerian Stock Exchange equities market segment on Thursday reverted the gains in the previous trading session, following the All-Share Index (ASI) declined by 0.66 per cent on losses in Dangote Cement, MTN Nigeria, 12 other stocks. The All Share Index fell by 181.45 basis points or 0.66 per cent to 27,425.57 basis […]

Business

Ndukwe’s dynamic leadership style will lift MTN Nigeria -ATCON

Ihesiulo Grace 6 August 2019 0

Ladesope Ladelokun The Association of Telecommunications Companies of Nigeria (ATCON) has passed a vote of confidence on the newly-appointed Board Chairman of MTN Nigeria, Dr Ernest Ndukwe, expressing confidence in what it described as his dynamic leadership style to positively impact the company. ATCON President, Mr Olusola Teniola, made this known in a statement made

Business Capital Market Capital Market

NSE rebounds with market capitalisation growth of N14bn

Ihesiulo Grace 2 August 2019 0

Motolani Oseni The equities market of the Nigerian Stock Exchange (NSE) on Thursday rebounded with an increase of a whopping N14 billion market capitalization, closing the first trading day in August at N13.522 trillion against N13.508 trillion recorded the previous day. Although, the improvement was said to have been achieved due to bargain hunting in […]