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MTN Group has announced a return to profitability, attributing its annual profit growth to strong performance in Nigeria. The telecommunications company also revealed plans to enhance dividends and implement a share buyback strategy to benefit shareholders.
The Nigerian Communications Commission (NCC) requires telecommunications operators to provide a 14-day notice before shutting down SIM cards due to inactivity or post-paid churn, as outlined in a recent proposal.
A proposed legislation seeking to create a regulatory body for the fintech sector has polarized stakeholders, with fintech operators cautioning against regulatory overlaps, while telecommunications and agent associations advocate for centralized oversight.
President Bola Ahmed Tinubu has lauded the launch of Lebara Nigeria, viewing it as a significant indicator of investor confidence and a boost to Nigeria's technological growth and digital economy.
MTN Nigeria has announced a post-tax profit of N1.1 trillion for 2025, marking a significant recovery after two challenging years characterized by losses resulting from currency reforms. The telecom giant's turnaround is bolstered by a tariff increase and a surge in data revenue.
The Nigerian Federal Government will thoroughly examine MTN's recent purchase of IHS towers, according to Communications Minister Bosun Tijani. The review aims to protect consumers, safeguard investments, and maintain sector stability.
The Nigerian Communications Commission (NCC) has reiterated its commitment to fostering partnerships among telecommunications regulators in West Africa to enhance digital integration and improve connectivity across borders.
Professor Buba Garegy Bajoga, a distinguished academic and engineer, has died in the United Kingdom at the age of 88. His significant contributions to education and telecommunications in Nigeria were widely recognized.
Four suspects have been brought before a Chief Magistrate Court in Ado-Ekiti, Ekiti State, on charges of conspiracy and theft involving telecommunications equipment valued at N12 million.
Airtel Africa reported a significant jump in its nine-month profit to $586 million, more than doubling from the previous year, primarily due to a substantial increase in data revenue. The company's overall turnover also grew by 28.3% to $4.7 billion across its operations in fourteen sub-Saharan African countries.
The Nigerian Communications Commission (NCC) reports that Globacom stands out in infrastructure investment and network reliability, fostering a partnership that emphasizes transparency and consumer trust.
Residents of Kafin-Hausa in Jigawa State have been facing severe network issues with MTN for nearly a month, affecting communication and essential services. They are calling on the telecom giant to restore reliable connectivity in the area.
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