Opening of MTN shares to Nigerians now second phase of IPO this year—CEO
Even as the seriousness of MTN in hitting the Nigerian Stock Exchange (NSE) remains cloudy in the minds of analysts, President and Chief Executive Officer (CEO) of MTN Group, Rob Shuter, has not only confirmed arriving the bourse before half…
MTN, Orange unveil pan-African mobile money interoperability to scale up access
Two of Africa’s largest mobile operators and mobile money providers, Orange Group and MTN Group, Thursday announced a joint venture, Mowali (mobile wallet interoperability), to enable interoperable payments across the continent. This is coming barely one week after the Central…
MTN begins Mobile Money access to third-parties in Uganda
MTN, the pioneer telecom company in Uganda has become the first in the MTN Group to grant access to third-parties to its Mobile Money Access Programming Interface (API). An Open API platform enables developers and programmers to get free access…
Analysts at Codros Capital, others see planned MTN offer as game changer
Just as MTN group is gathering momentum to hit the Nigerian Stock Exchange (NSE) for listing and its Initial Public Offer (IPO) as soon as possible, feelers from market pundits had been in the greens. Already, the telecom giant has…
Ecobank Group partners MTN to deepen mobile money, financial inclusion in Africa
MTN Group on Tuesday sealed a partnership deal with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI). The collaboration is tailored to enable both companies leverage on each other’s assets with the aim of offering more value to their…
MTN’s return to profitability strong boost for early listing in Nigeria—BHIU
A new report released by the Business Hilights Intelligence Unit (BHIU), the research arm of Business Hilights publications has noted that “The recent announcement of return to profitability by the MTN Group in earnings for the year ended 31 December…
Volume of inquiries from Nigerians on when MTN is to be listed unprecedented—SEC
A top official of the Nigerian Securities & Exchange Commission (SEC), on Thursday said the volume of inquiries made by Nigerians wishing to buy shares from leading telecoms group, MTN Nigeria should it get listed on the Nigerian Stock Exchange…
Conditions force MTN to list in Nigeria, Ghana, Tanzania before year end
Contrary to insinuations from the Security and Exchange Commission (SEC), that it is yet to receive any official signal to list shares on the Nigerian Exchange, the MTN Group has moved to raise about $500 million from the sale of…
MTN weeds away 50.3m subscribers’ through value redefinition in W’Africa
A new initiative introduced by MTN Group to really track and remain with real subscribers on its networks across West Africa, tagged ‘Subscriber-redefinition’, has weeded away about 50.3m liability subscribers. An official of the company explained that the exercise was…
