Multinational mobile telecommunications company, MTN Nigeria has revealed plans to merge its two finance subsidiaries, Momo Payment Service Bank Limited and Yello Digital Financial Services Limited to form one company. This was revealed in the company’s proposed resolutions for its…
In the last few days, after the total shutdown of mobile transaction channels of the MTN Nigeria by commercial banks, Nigerians have been discussing and reading a number of critical talks on why the banks should allow small and medium…
MTN Group is a South Africa-based category-king multinational mobile telecommunications company with presence in many African, Asian and European nations. It is a leading Africa brand, serving approximately 221.3 million people in 22 countries. Its vision is to deliver a bold, new digital world to its…
I noted many days ago that Airtel Nigeria has successfully re-engineered its business for profitability through a smart leasing /asset financing strategy where it has moved many assets out of its books. And provided it could find solid partners to…
Here, relying on the Q1 2018 MTN Group financial reports, I present the extracted numbers for MTN Nigeria. MTN Nigeria made N81.4 billion (about $225.7 million using reported exchange rate) in the first quarter of 2018 on its 54.5 million…
