MTN Nigeria

Ten years after selling off towers to cut operating costs, MTN is buying back control of IHS Towers globally while selling a 30 percent stake in IHS Nigeria to local investors.

The corporate ties between Nigeria and South Africa have long been defined by a simple, lopsided binary. Crude oil flows south, while multinational giants push north. MTN Nigeria wants to rewrite that script. Sponsoring the Nigeria-South Africa Chamber of Commerce (NSACC) Breakfast Forum at Eko Hotel on August 27, the telecom operator is shifting the bilateral conversation away from high-level trade policy and straight into local supply chains.

MTN Group has secured conditional approval from the Federal Competition and Consumer Protection Commission (FCCPC) for its proposed $6.2bn acquisition of IHS Holding Limited, moving the deal closer to completion. MTN disclosed the development in its half-year 2026 financial results released on Monday, saying the transaction remained a strategic priority for the second half of the year.

MTN Nigeria reported a record ₦1.09 trillion profit before tax in the first half of 2026, driven by strong growth in data revenue, improved operating efficiency and lower borrowing costs. Revenue rose 25.9 percent to ₦2.99 trillion, while...

April 30, (THEWILL) — MTN Nigeria has posted a strong start to 2026, reporting an unaudited pre-tax profit of ₦546.42 billion for the first quarter ended March 31, up 169.64 percent year-on-year. This marks the company’s second-highest quarterly profit...

April 29, (THEWILL) — MTN Nigeria Communications Plc has unveiled plans to sell a 60 percent stake in its fintech subsidiaries MoMo Payment Service Bank and Y’ello Digital Financial Services to MTN Group in a N152.06 billion deal, as...

June 25, (THEWILL) – As part of an effort to support digital innovation in public schools, MTN Nigeria Communications PLC, on Wednesday, donated 750 digital tablets to 15 secondary schools across Borno state. Speaking during the symbolic handover in Maiduguri,...

December 22, (THEWILL) - The Court of Appeal in Abuja has awarded N15 million as general damages against MTN Nigeria Communications Limited for disturbing its Nigerian customer’s phone number with unsolicited messages and callertunes, without the customer’s subscription to...

September 21, (THEWILL) – Leading telecommunications company, MTN Nigeria has been announced as the headline sponsor of the 20th Akwaaba African Travel Market, the premier travel and tourism event in West Africa. This strategic collaboration marks MTN’s first-ever participation in...

February 28, (THEWILL) - MTN Nigeria has blamed the network glitch experienced by its customers nationwide on multiple fibre cuts even as it apologised to its customers for the inconveniences experienced. Recall that MTN customers were unable to make calls...