Tag: MTN

MTN looks to get banking license for Nigerian unit
Big Business

MTN looks to get banking license for Nigerian unit

South Africa’s MTN Group Limited said it is looking at getting a banking license to further cement its operations in Africa’s largest economy. MTN is Nigeria’s largest mobile carrier. However, the company has drawn the hire of regulators in Nigeria for various infractions and regulatory offences. The chief executive officer […]

MTN Nigeria to jettison NSE listing
Big Business

MTN Nigeria to jettison NSE listing

Nigeria’s largest mobile carrier, MTN said it might abandon its plans to list its shares on the Nigerian Stock Exchange. NSE. It would be recalled that MTN had agreed with the Nigerian government to list 30% of its shares on the NSE as a result of the renegotiation of the […]

South Africa may intervene in MTN Nigeria’s case
Big Business

South Africa may intervene in MTN Nigeria’s case

The South African government is said to be ready to intervene in a dispute between telecoms company MTN Group and the Nigerian government, if MTN asks for help, South Africa’s Telecommunications Minister Siyabonga Cwele Reuters report. The Central Bank of Nigeria had alleged improper dividend repatriations by MTN Nigeria through […]