In its nine-month trading update released on Monday, November 9, the South African telecommunications group reported service revenue of 176.2 billion rand, representing 17.2% growth in constant currency during the period ended September 30, 2026.
MTN Nigeria invested ₦864.8 billion in network expansion in the first nine months of 2026 as the telecommunications operator increased spending to accommodate rising demand for data and broadband services.
MTN Nigeria has introduced Y’ello Y’Fi, a managed technology solution designed to help small and medium-sized enterprises (SMEs) improve customer engagement, gather business insights and manage their internet networks.
Seven of Nigeria’s biggest listed companies committed more than N3.9 trillion to capital expenditure across 2025 and the first half of 2026, as businesses in telecommunications, cement, oil and gas, and brewing invested in infrastructure, production capacity and operational efficiency.
MTN Foundation has opened applications for a five-week business training programme backed by a ₦100 million equipment-grant fund for women running young businesses.
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...
The President, Bola Ahmed Tinubu has flagged off the construction of the $3.5 billion Bakassi Deep Seaport in Cross River State, describing the project as a strategic investment that will reduce pressure on Lagos ports and reposition Nigeria’s maritime industry.
