MTN Group is in the final stages of separating its fintech businesses in Nigeria and Uganda as part of a broader restructuring strategy that will allow strategic investors, including Mastercard, to acquire minority stakes in its financial technology operations. Speaking during the company’s Capital Markets Day, MTN Group CEO, Ralph Mupita, explained that the process…
MTN Nigeria has explained that its recent suspension of airtime and data borrowing services is linked to new regulatory directives introduced by the Federal Competition and Consumer Protection Commission (FCCPC). The clarification was provided by the company’s secretary, Uto Ukpanah, during a briefing at the Nigerian Exchange. According to MTN, the pause is necessary to…
MTN Nigeria has disclosed that its network experienced 9,218 fibre cuts in 2025, drawing renewed attention to the ongoing fragility of the country’s telecommunications infrastructure. The disclosure was made by the company’s Chief Executive Officer, Karl Olutokun Toriola, in a LinkedIn post titled “MTN Nigeria 2025 Wrapped.” He noted that incidents of theft and vandalism…
MTN Group is investing $2 billion every year to expand and upgrade its network infrastructure across Africa, as part of its ongoing shift from 3G to 5G and its mission to improve connectivity for underserved communities. Group President and CEO Ralph Mupita disclosed the figure during a recent interview with Bloomberg TV, emphasising that the…
Telecommunications giant MTN Nigeria has rolled back its 200% tariff increase on the 15GB data plan, acknowledging that the hike was an error. The company announced the reversal in a statement on its official X (formerly Twitter) account on Thursday, apologizing to customers for the unexpected price surge. Earlier in the week, MTN had implemented…
MTN Nigeria invested a substantial N11.1 billion over two years to repair and relocate 2,502km of fibre-optic cables, according to the latest GSMA Nigeria Digital Economy report. The report highlighted that this amount could have been used to lay an additional 870km of new fibre, had it been directed toward network expansion. In 2022, the…
A partnership between MTN and Apple Music has been confirmed in a bid to allow its Nigerian users access to its services amidst card payment challenges. Telecommunication giant MTN has partnered with one of the biggest digital streaming platforms in the world, Apple Music to allow users in Nigeria access its services without having to…
