If only I was a fly on the wall during MTN's executive meetings, I'd be a witness to the formidable challenges confronting ...

The agreements are linked to both Nigeria's naira and the US dollar, further exposing MTN to vagaries of the foreign exchange market, and this hit it hard in its 2023 year to end-December. The lease ...

JOHANNESBURG, March 25 (Reuters) - MTN Group's (MTNJ.J), opens new tab Nigeria unit is working on restoring its profitability and strengthening its balance sheet through managing costs and tariffs ...

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(Bloomberg) — Nigeria will criminalize the destruction of broadband fiber cables following repeated complaints by MTN Nigeria Communications Plc and other telecommunications companies that they are ...

Africa's biggest telecoms operator MTN Group on Monday a 72.3% tumble in full-year profit as a sharp devaluation in the Nigerian naira pushed its biggest unit MTN Nigeria to a loss. MTN logo is ...

MTN says the rapid devaluation of the Naira versus the US dollar in the second half of 2023 had negative impact on Nigeria's financial performance. According to MTN Nigeria, the main consequence ...

Africa's largest mobile operator, MTN, has kept its final dividend for 2023 steady despite a hefty hit from currency volatility in Nigeria. Total subscribers increased by 2% to 294.8 million in the ...

MTN has announced that it is exiting Guinea-Bissau and Guinea-Conakry in a bid to leave some markets in West Africa. But the telecoms giant can’t make a similar escape from Nigeria, which has ...

Nigeria’s central bank in June adopted new forex rules that MTN said had since led to an approximately 96.7% devaluation in the exchange rate to 907.1 naira per dollar by the end of December.

MTN Group’s Nigeria unit is working on restoring its profitability and strengthening its balance sheet through managing costs and tariffs after Africa’s biggest telecoms operator reported a ...