Telecoms

Latest news in the telecoms economy

MTN Spins Off Fintech Units in Nigeria, Ghana, and Uganda to Seal Mastercard Deal

MTN Spins Off Fintech Units in Nigeria, Ghana, and Uganda to Seal Mastercard Deal

MTN Group Ltd., Africa’s leading telecommunications giant, is set to spin off its fintech operations in Nigeria, Ghana, and Uganda… Read More

3 days ago

Airtel Africa Unveils AI-Powered Spam Alert to Combat Rising SMS Fraud

Airtel Africa has introduced a cutting-edge AI-powered Spam Alert Service, designed to shield smartphone users from spam SMS messages. Launched… Read More

3 days ago

NIGCOMSAT Accelerator Programme 2025: Applications Now Open for Space-Tech Innovators

The Nigerian Communications Satellite Limited (NIGCOMSAT) has officially opened applications for the 2025 NIGCOMSAT Accelerator Programme, an initiative designed to… Read More

1 week ago

Smaller Operators Like Glo Lose Ground As Mobile Phone Subscriptions Hit 169.3 Million

Nigeria’s telecommunications sector added 2.33 million new mobile subscriptions in January, bringing the total number of active lines to 169.3… Read More

2 weeks ago

Naira’s sharp fall casts long shadow over MTN Nigeria, Nestlé and Lafarge Africa in 2024

A few themes shaped Nigeria’s corporate results in 2024 as dramatically as the naira’s relentless depreciation. Since mid-2023, the Central… Read More

3 weeks ago

MTN Nigeria Adds 4.2 Million Subscribers in 2024, Surpassing 79 Million Users Amid Industry Challenges

MTN Nigeria concluded 2024 with a notable increase in its subscriber base, adding 4.2 million new mobile users to reach… Read More

3 weeks ago

Naira Dollar Exchange Rate: MTN Suffered ₦925.4 Billion Foreign Exchange Loss in 2024

In its recently released 2024 full-year earnings, MTN Nigeria Communications Plc reported a staggering ₦925.4 billion in foreign exchange losses,… Read More

3 weeks ago

MTN Nigeria Reports 22.4% Revenue Growth in 2024 — 50% Tariff Hike Expected to Boost 2025 Earnings

MTN Nigeria Communications Plc has announced a 22.4% increase in revenue for the full year 2024, reaching ₦2.84 trillion, up… Read More

3 weeks ago

Nigeria’s Broadband Push Picks Up Speed as 11 States Drop Right of Way Fees

Nigeria is making big moves to boost its internet coverage, with 11 states now scrapping Right of Way (RoW) fees… Read More

3 weeks ago

Airtel Nigeria Announces Significant Tariff Hike on Data and Voice Services

Airtel Nigeria, the second-largest telecom operator in the country, has introduced a significant revision to its pricing for both data… Read More

1 month ago