MTN
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News
Dangote, MTN, others lose N1.7tn to naira depreciation
Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira in 2023. According to an analysis of their financial statements published on the website of the Nigerian Exchange Group, the listed firms incurred significant losses in the 2023…
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News
MTN Nigeria opens talks to buy stakes in 9mobile
MTN Nigeria has been holding talks with 9mobile owners in what may see the largest mobile phone acquire stakes in the nation’s number four mobile operator, Technology Times has learnt. Barring any last minute change, MTN Nigeria, owned by South Africa’s MTN Group, and Emerging Markets Telecommunication Services Limited (EMTS),…
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Business
𝗧𝗘𝗟𝗖𝗢𝗦 𝗣𝗥𝗢𝗧𝗘𝗦𝗧 𝗔𝗦 𝗠𝗧𝗡 𝗥𝗘𝗤𝗨𝗘𝗦𝗧𝗦 𝗦𝗘𝗖𝗢𝗡𝗗 𝟱𝗚 𝗟𝗜𝗖𝗘𝗡𝗦𝗘!
Telecommunication companies have protested against MTN Nigeria’s request to be allowed to participate in the upcoming 5G-spectrum auction. MTN’s intention to get an additional Fifth-Generation spectrum in the upcoming 5G-spectrum auction scheduled for December 19, 2022, was against the competition law, according to the reports.The disagreement occurred during deliberations at…