The Court of Appeal has awarded the sum of N15 million as general damages against MTN Nigeria Communications Limited for bombarding a customer’s phone number with unsolicited messages and caller tunes when the customer didn’t subscribe to the services. Justice Okon Abang of the Abuja division of the appellate court made the pronouncement while delivering judgment in an appeal brought …

A Federal High Court in Lagos on Monday granted N50 million bail each to two students of Moshood Abiola Polytechnic and Resign Regal Academy, Timothy Oluwabukola and Anthony Odemerho, who allegedly hacked MTN Nigeria Communication computers and stole airtime and data valued at N1.9 billion. Justice Akintayo Aluko granted them bail after hearing two separate bail applications filed by the …

American news and business channel, CNBC, in its World’s Top Fintech Companies 2024 report has listed seven African companies as part of the 250 leading fintech companies in the world. The report, which was done in partnership with market research firm Statista highlighted relevant KPIs for over 2,000 eligible companies between March and May 2024. Companies were segmented into eight …

Nigerian companies have started to settle their overdue dollar obligations, Bloomberg reports. This follows recent reforms implemented by the Central Bank of Nigeria (CBN), which have resulted in increased liquidity within the Nigerian foreign exchange market. According to Bloomberg’s findings, major Nigerian companies such as MTN Nigeria Communications Plc, BUA Foods Plc, and Cadbury Schweppes Overseas Limited’s Nigerian arm have …

Many subscribers to the MTN network in Nigeria are now stranded as the telecommunications giant disconnected their lines over failure to link their National Identity Numbers (NIN) to their Subscriber Identification Module (SIM) cards. This is coming after several warnings by the Nigerian Communications Commission (NCC) and the telecoms company that subscribers must link their lines to their NINs. On …

The Nigerian Communications Commission (NCC) has reiterated its directive to telecom operators to bar telephone subscribers not linked to their National Identification Numbers on or before 28th February 2024. NCC Executive Vice Chairman, Dr. Aminu Maida, spoke at the commission’s Special Day during the ongoing 45th Kaduna International Trade Fair on Wednesday. Maida, who was represented by NCC’s Director of …

The Nigerian Communications Commission (NCC), said yesterday that the interconnect debt dispute between MTN Nigeria Communications Limited and Globacom Limited has been resolved. In a statement yesterday by the Director of Public Affairs, Reuben Muoka, the commission said: ‘’We are pleased to announce that the interconnect debt dispute between MTN Nigeria Communications Plc., MTN, and Globacom Limited (Globacom) has been …

The Nigerian Communications Commission (NCC) has said that it would soon bar Globacom subscribers from making calls to MTN lines, due to the non-settlement of interconnect charges by the former. In a public notice on Monday by its Director of Public Affairs, Mr. Reuben Muoka, the NCC said: “Globacom was notified of the application made by MTN and was given the …

MTN said it is targeting 95 per cent broadband population coverage across its footprint by 2025, from 88 per cent in 2022. This is even as the telecom operator is seeking partnerships with several satellite services providers including Elon Musk’s Starlink, in its bid to achieve its broadband target. In a news release, MTN revealed that enterprise-grade trials for SpaceX’s …

The mobile telecommunication corporation, MTN has alluded to the recent debt cancellation status on its subscribers’ network as a system error. The network provider made this known in a tweet on its official handle on X (formerly Twitter) on Saturday. The firm explained that an unexpected glitch in its system caused the cancellation of debt owed by its network subscribers, …