South Africa’s MTN, a leading telecommunications company, announced on Tuesday that its core earnings for the first quarter increased by 27.9%, driven by strong performances […]
Tag: MTN
How Homegrown Nigerians Took Over Management of Major ICT Companies
The landscape of Nigeria’s Information and Communications Technology (ICT) sector is increasingly being shaped by homegrown talent, with a significant shift towards Nigerian leadership in […]
MTN Nigeria Reports N133.7bn Profit in Q1 2025
MTN Nigeria Communications Plc has declared a profit after tax of N133.7 billion for the first quarter (Q1) ended March 31, 2025, from a loss […]
MTN’s Active Momo Wallet Declines By 55.6% To 2.1 Million Q1 2025
MTN Nigeria’s MoMo PSB active wallets declined by 55.6 per cent year-on-year to 2.1 million in Q1 2025. It recorded 4.8 million active wallets in […]
MTN Grows Service Revenue By 40.5% To N1.0tn In Q1 2025
MTN Nigeria Communications Plc has reported a growth in its service revenue by 40.5 per cent to N1.0 trillion in the first quarter ended 31 […]
MTN Set to Announce Second Public Offer in Nigeria
MTN Group President, Ralph Mupita, has announced plans to reduce its shareholding in MTN Nigeria through a public offer after it returns to profitability. The […]
MTN Nigeria Reports 35.6% Revenue Boost Following Tariff Adjustments
MTN Nigeria’s service revenue increased by 35.6% in March following tariff adjustments implemented in February. A report by its group office in South Africa on […]