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Smile Telecoms, a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania and the Democratic Republic of the Congo, has announced the appointments of Mr. Ahmad Farroukh as Group Chief Executive Officer and Ms. Irene Charnley as Deputy Chairman, respectively, effective 1 June 2019.
MTN Nigeria is arranging local currency financing, the telecoms company said in presentation to investors as part of its stock market listing.
MTN Group has appointed South Africa’s former Deputy Finance Minister Mcebisi Jonas as chairman-designate in a board shake-up, the telecommunications provider said on Friday.
Uganda’s biggest telecommunications company MTN has denied government accusations it has been understating its revenues, insisting that it was fully meeting all its tax obligations.
Uganda’s security agencies and immigration department have deported the chief executive of the largest telecommunications company in the country over security reasons.
MTN confirmed Fouladi’s departure, which was announced by Rotterdam-based KPN earlier this month. But Singh has declined to comment.
Nigeria announced last month that it would allow telecom companies to provide banking services, aiming to give millions of Nigerians without bank accounts access to so-called mobile money services, a policy that has been very successful in Kenya.
Rob Shuter, the chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019.
The billions of dollars in fines owed by South African companies MTN and Standard Bank to Nigerian regulators could increase the risk to South Africa’s financial system, its central bank said on Wednesday.
The MTN Group, Africa’s largest wireless carrier, increased sales from operations by 10 per cent from a year earlier and added 2.5 million subscribers in the third quarter despite regulatory pressures in its largest markets that have wiped out more than two-thirds of the company value in recent years.
MTN Group, the biggest telecommunication services company on the African continent, has successfully completed its listing on the Ghana Stock Exchange.
MTN Group’s plan to list its Nigerian unit in an initial public offering this year is under threat after the central bank ordered the South African telecoms giant to hand over $8.1 billion allegedly sent abroad illegally, sources said.
The Securities and Exchange Commission (SEC), on Friday tasked MTN Group on official filing of Initial Public Offering (IPO) which gathered media momentum in the last couple of months.
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An Enugu East Magistrates Court presided by Magistrate A. N. Chioke has remanded 140 members of the proscribed Indigenous Peoples of Biafra (IPOB) over an alleged treason.
Part of recovered looted funds of late Head of state, Gen. Sani Abacha, was expended on various empowerment initiatives of the government, Senior Special Adviser to the President on Social Investments, Maryam Uwais, disclosed in on Thursday
President Muhammadu Buhari has congratulated Prime Minister Narendra Modi of India and the Bharatiya Janata Party (BJP) on their election victory.
Justice A. B. Aliyu of the Federal High Court in Minna, Niger State on Thursday revoked the bail granted to the former Niger State Governor Babangida Aliyu and the former state governorship candidate of the Peoples Democratic Party (PDP), Alhaji Umar Gado Nasko.
The Nigerian National Petroleum Corporation (NNPC) has revealed that the third phase of its ongoing recruitment exercise will involve a computer-based test, which comes up on June 1.
Gareth Bale’s ongoing struggles at Real Madrid have made it “impossible” for him to remain at the club, claims former Blancos president Ramon Calderon.
Gov. Oluwarotimi Akeredolu of Ondo State on Monday blamed the corruption in the judiciary in recent times on the challenges arising from incursion of strange elements into the nation’s legal system
The Association of Resident Doctors at the Lagos University Teaching Hospital, Idi-Araba, on Wednesday staged a peaceful protest as they commenced a two-day warning strike.
The Ogun State Police Command on Tuesday said it has uncovered plans by unscrupulous individuals to instigate crisis across the state, ostensibly to disrupt the inauguration of the Governor-elect, Prince Dapo Abiodun and his Deputy; Engr. Noimot Salako–Oyedele on May 29, 2019.
Two Nigerian writers, Lesley Arimah and Tochukwu Okafor have been shortlisted for the 2019 Caine Prize for African Writing.