Telecoms

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

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

5 months 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

5 months 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

5 months 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

5 months 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

5 months 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

5 months ago

“You Dey Vex. We Know” – MTN Admits 200% Hike in Price of Data an Error

MTN Nigeria has issued an apology to its customers following a backlash over a surprising 200% increase in the price… Read More

6 months ago

MTN raises weekly 15GB data plan from N2,000 to N6,000 – Increasing its Data Pricing

Nigerians are expressing significant outrage following MTN Nigeria's decision to increase the price of its weekly 15GB data plan from… Read More

6 months ago

Court Rules FCCPC can regulate competition and consumer protection across all sectors, including telecom

The Federal High Court in Lagos has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) has the legal… Read More

6 months ago

MTN Restores Internet Services After Two Day Network Outage

MTN Nigeria has restored its internet services following disruptions that affected parts of Lagos State. In a message to subscribers… Read More

6 months ago