MTN may rake in $600m from sale of Jumia shares

by Nigerian Oracle - February 11, 20190

Jumia, Africa’s online retailer, is planning an initial public offering (IPO) in New York this year that could value the business at about $1.5 billion, according to those in the know.
The post MTN may rake in $600m from sale of Jumia shares appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

JUST IN: MTN to acquire banking licence in Nigeria, says CEO

by Nigerian Oracle - November 13, 20180

Rob Shuter, the chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019. Speaking at a telecoms conference in Cape Town, South The post JUST IN: MTN to acquire banking licence in Nigeria, says CEO appeared first on TheCable.

CBN sanction: MTN to use 2016 senate report in court

by Nigerian Oracle - October 30, 20180

MTN Nigeria says it will use the report of the 2016 senate investigation against the Central Bank of Nigeria in court. The court hearing of the case is already before the federal The post CBN sanction: MTN to use 2016 senate report in court appeared first on TheCable.

Despite sanctions, MTN subscriber base hits 225.4 million

by Nigerian Oracle - October 29, 20180

MTN, Nigeria’s biggest telecommunications operator, says it has recorded a 2.5 million increase in user base, despite challenges in its biggest market, Nigeria. According to its latest report released on The post Despite sanctions, MTN subscriber base hits 225.4 million appeared first on TheCable.

MTN: Africa is not ready for super fast 5G network

by Nigerian Oracle - September 11, 20180

Rob Shuter, MTN’s chief executive officer, says Africa is not ready for 5G network adding that most phones in Africa worked fine on just 3G Speaking at a telecoms conference in The post MTN: Africa is not ready for super fast 5G network appeared first on TheCable.

Iran: US sanctions complicates MTN’s effort to repatriate 2018 profit

by Nigerian Oracle - August 9, 20180

Africa’s biggest mobile operator, MTN Group, yesterday said it was going ahead with its 2018 target
The post Iran: US sanctions complicates MTN’s effort to repatriate 2018 profit appeared first on – The Sun News. …

MTN: If conditions are right, we’ll list on NSE in 2018

by Nigerian Oracle - April 10, 20180

Rob Shuter, the chief executive officer of MTN, says the company will list on the Nigerian Stock Exchange in 2018 if the conditions are appropriate. Shuter made this known on The post MTN: If conditions are right, we’ll list on NSE in 2018 appeared first on TheCable.