The Lagos division of the Tax Appeal Tribunal has ordered MTN Nigeria Communications to pay the Federal Inland Revenue Services (FIRS) $72,551,059 million tax default. The five-person panel, led by Prof. Abubakar Hamed, however, declined to impose penalties and interest on the principal sum of $21,039,807 million on the telecommunication firm as requested by FIRS. The panel made the declaration …

Chief Executive Officer of First Bank of Nigeria, Adesola Adeduntan leads media-performing CEOs in the Banking, Insurance and Telecommunication sectors in the third quarter of 2023, according to data analysed by P+ Measurement Services, a leading media intelligence consultancy. Adeduntan polled 35 per cent media share to sit at the top, followed closely by Moruf Oseni of Wema Bank with …

Airtel Africa has announced that its Nigerian subsidiary, Airtel Networks Limited (Airtel Nigeria) has paid N58.7 billion to the Nigerian Communications Commission (NCC) to renew its 2×10 MHz 2100 MHz spectrum licence. This is as the NCC also approved a spectrum lease transaction between MTN Nigeria and Natcom Development and Investment Limited (NTEL), according to report by Nairametrics. In a statement …

Governor Ifeanyi Okowa of Delta State has commended MTN Nigeria for investing in education through the remodeling of science laboratories in the state. Okowa gave the commendation on Thursday when he officially inaugurated science laboratories at the St Augustine College Ibuzor, which were remodeled by the MTN Foundation (MTNF). The governor, who was represented by the Secretary to the state …

MTN Nigeria Communications Plc (MTN Nigeria) has announced its unaudited results for 2022. According to the document published on the website of the Nigerian Exchange, the telecommunication giant recorded a whopping N2.01 trillion in revenue. The revenue for 2022 is not only the telecommunication biggest since coming to Nigeria but also21.6 percent increase when compared to the N1.65 trillion generated …