CBN Requests Telcos to raise N5bn Capital Investment for Mobile Money Operations
The Central Bank of Nigeria has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money operations to make a minimum capital…
Nigeria slams $2bn tax arrears on MTN as shares drop to 12-year low
Nigeria is seeking about $2 billion in back taxes from MTN Group Ltd., another curve ball directed at Africa’s biggest wireless carrier less than a week after it was ordered…
MTN sticks to 2018 plan despite complications to repatriate cash from Iran
MTN Group, Africa’s biggest mobile operator, is sticking to its 2018 dividend target despite new U.S. sanctions making it harder to repatriate cash from its Iran joint venture, the company…
MTN Nigeria listing at Exchange now put at year end
MTN Group Ltd. expects the listing of its Nigerian unit on the Lagos stock exchange to be done by the end of 2018, its CEO said, after suggesting in November…