Business Hilights

Tracking Nigeria's Headline Business News Online

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Trial begins on Turkey’s Turkcell $4.2bn suit against MTN in S/Africa

After years of delays, hearing begun Thursday in a South African court on $4.2 billion lawsuit against South Africa’s MTN over a disputed Iran licence instituted by Turkish mobile operator, Turkcell. It would be recalled that Turkcell first sued Johannesburg-based…

launch of Abuja DSO
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MTN regrets Nigeria’s emerging inability to meet June 17, 2017 DSO

Exactly 16 days ahead, some top officials of MTN in South Africa have regretted the indications that Nigerian, again will not meet the June 17, 2017 global transition from analogue to digital terrestrial transmission (DTT). It would be recalled that…

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ICT

Why MTN is pushing to buy over MultiChoice Pay TV platforms

Analysts have been weighing the MTN’s option of buying over a fully fledged Pay TV company, MultiChoice, than setting up a new one to drive its planned Africa wide investment in Pay TV especially in Nigeria. Business Hilights recalls that…

wale-adenuga-glo
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Glo deepening subscriber base in the nation’s data market segment with flexible offers

The observed trend in the domination of Nigeria’s data market segment amongst GSM operators and others has started eliciting reactions from industry experts. Based on statistics released by the regulator, the Nigerian Communications Commission (NCC) covering the first quarter (Q1)…

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MTN celebrates 97 year old subscriber in Asaba over brand loyalty

It was rare moment at the home of nonagenarian and MTN customer, Pa Paul Ijeh in Igbuzor, Aniocha South Local Government Area, Delta State, during a courtesy visit by officials the company to appreciate one of its oldest customers. In…

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Space for settlement abounds as Court adjourns forfeiture order in MTN Vs. FG sine die

Whereas Phutuma Nhleko, MTN group chairman, had said last week that accusations that the group moved funds illegally out of Nigeria had no basis, signals are emerging that serious discussion on the possible use of out of court settlement or…

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Revealed: Listing on Nigeria’s exchange part of MTN’s fine reduction deal with FG

Leading global news agency Bloomberg has disclosed that MTN is inching closer to hitting the Nigerian Stock Exchange (NSE) based on the fact that it formed part of the deal to reduce the $5.2bn fine for breaches in deactivating over…

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Court awards N.53m against MTN over unauthorised deduction

Barely less than four months after a federal High Court in Abuja awarded N5,000 to an Airtel subscriber over breaches on his rights, another Federal High Court in Ibadan on Wednesday awarded N530,000 to Oluwole Aluko for unauthorised deduction from…

Xenophobia: FG’s weak reactions fueling attacks on S/African business interests

Reacting officially after three days of killings and destruction of Nigerians and Nigerian interests in South Africa by the federal government and minister of Foreign Affairs in particular, have angered many Nigerians, investigations by Business Hilights can authoritatively report. A…

MTN shop
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MTN streams African movies on smart mobile devices in Ghana

Leading continental telecoms conglomerate, Mobile Telecommunications Network (MTN) in Ghana has partnered with African Movies on the GO (AMGO) to unveil Amgo App structured to  give movie lovers the opportunity to watch their favourite movies on the go. AMGO is…