MTN

FCCPC probes consumer complaints against Air Peace, banks, others

The Federal Competition and Consumer Protection Commission has announced the launch of a comprehensive inquiry into widespread consumer complaints involving leading companies in the banking, telecommunications, and aviation sectors, including GTBank, MTN, and Air Peace. The Commission revealed this in…

MTN and others receive permits for electricity generation

The Nigerian Electricity Regulatory Commission (NERC) has granted permits for mini-grid electricity generation to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others. In Q1 2024, NERC issued nine new off-grid generation licenses totaling 109.69 megawatts, along…

Naira devaluation causing major impact on MTN finances

On Wednesday, MTN Group, Africa’s leading telecommunications company, announced it is set to record a half-year loss due to the devaluation of the Nigerian naira and operational challenges in Sudan. The company’s financial performance has been heavily impacted by these…