Home Topics MTN Group Ltd
MTN Group Ltd
Emerging-market assets may be enjoying a strong start to the year, but one country missing out on the rally is Nigeria.
MTN Group Ltd., the wireless carrier facing a combined $10 billion in claims from Nigerian authorities, said it may no longer seek to raise capital through an initial public offering on the country’s stock exchange.
MTN Group said there is no specific date for its initial public offering yet as it is still perfecting details of the proposed listing.
MTN Group Ltd. has appointed more banks for the sale of shares in its Nigerian unit on the stock exchange in Lagos as it looks to start an initial public offering in June or July, according to people familiar with the matter.
Google is releasing an app in Africa that will help internet users overcome obstacles such as the lack of high-speed connectivity and the cost of data on the continent.
Africa’s biggest mobile-phone firm, MTN Group Ltd, yesterday said its is doing a spring clean of its empire, conducting a review to decide whether it really needs to be in all 22 of its markets across Africa and the Middle East. Some of the markets are tiny, others are war-torn while still more have regulators desperate to curb the telco’s perceived dominance.
The Securities and Exchange Commission (SEC) on Monday said that it was yet to be notified by the MTN Group on plans to raise about 500 million dollars from the Nigeria’s capital market.
Nigeria’s downstream sector records a yearly income of 56 billion dollars, Mr Abayomi Awobokun, Chief Executive Officer, Enyo Retail and Supply Limited, has said.
Former Arsenal goalkeeper David Seaman has suggested Arsene Wenger could be the ideal replacement for Maurizio Sarri at Chelsea.
A member of the National Assembly representing Langtang South/Langtang North Federal Constituency of Plateau State, Hon Beni Lar, has cried out that her constituency is under siege of political thugs ahead of the rescheduled presidential and National Assembly elections holding on Saturday.
A chieftain of the ruling All Progressives Congress (APC), and strong ally of President Muhammadu Buhari, Engr. Kailani Muhammad, has said that, the presidential candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar, is desperate to be president of Nigeria.
Suspected herdsmen on Wednesday killed 16 persons and injured two others during an invasion of Ebete community in Usha council ward of Agatu Local Government Area of Benue State.
Justice Halima Saleeman, the presiding judge of the Ilorin High Court in the trial of five accused persons in the April 5, 2018, Offa bank robbery case, has adjourned the hearing on the matter till March 14 and 15, 2019.
Ahead of the Presidential and National Assembly elections on Saturday, the Independent National Electoral Commission in Imo has released WhatsApp accounts and phone lines for complaints.
The France World Cup-winning midfielder was sent off in United's first-leg defeat to Paris Saint-Germain in the Champions League last 16 - the first loss under caretaker manager Ole Gunnar Solskjaer.
British MPs have accused Facebook of "intentionally and knowingly" violating data privacy laws and called for a code of ethics to regulate social media platforms to limit the spread of fake news.
Mr. Sebastian Okoh, the House of Representatives candidate of All Progressives Congress (APC) in Ika Federal Constituency of in Delta State, escaped being assassinated when gunmen invaded his residence and riddled the entire place with bullets on Friday.