MTN has said since 2001, it has committed over $10 billion into deepening Nigeria’s digital infrastructure, enhancing widespread connectivity and financial inclusion. Despite economic headwinds, the Group said it remained committed to Nigeria’s long-term potential and the broader African Continental Free Trade Area (AfCFTA) vision. The telecom giant said as Africa stands at the point of a profound transformation, the …

Nigeria’s telecommunications sector has witnessed a robust recovery, with active subscriptions surging to 169.3 million in January 2025, up from 164.9 million in December 2024. According to the industry statistics on Tuesday on the website of the Nigerian Communications Commission (NCC), the telecoms regulator said that this robust recovery followed a period of decline, which witnessed subscriptions plummet to 154,904,827 …

Nigeria’s largest telecom operator, MTN, has issued a public apology to its customers following widespread complaints about a sudden 200% increase in the price of its popular 15GB data bundle. The price hike where internet subscribers will have to pay N6,000 for a 15GB weekly data plan which is a 200% increase from the previous N2,000, took many customers by …

About 250 manufacturers and academic institutions have abandoned their respective power distribution companies to generate their own electricity. This class, many of whom are bulk electricity users, shunned the national grid amid its incessant collapse, high cost of electricity, fuel price hikes, and line trippings. Findings from different data sources, particularly from the Nigerian Electricity Regulatory Commission (NERC), showed that …

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 …