Economic Recession: MTN May Put Off Nigeria Listing Until 2018

MTN Group Ltd. may put off plans to list its Nigerian operation until 2018 as Africa’s largest wireless carrier works to resolve a regulatory dispute and awaits an economic recovery…

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MTN Says Carrier Followed Nigeria Rules When Repatriating Funds

…Says no dividends issued without CBN approval MTN Group Ltd., responding in detail to allegations that the wireless carrier illegally moved more than $14 billion out of Nigeria, said Central…

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MTN Nigeria Sacks Over 1000 Contract Staff, Cut Salaries from N120k to N40k

MTN Nigeria has laid off some of its contract staff, particularly those that work at the telecommunications call centers. According to inside sources,many of the contract staff were given their…

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MTN Plans Bond Sale to Raise Funds to pay 330 billion Naira fine

MTN Group Ltd. plans to gauge investor interest in a possible bond offering as Africa’s biggest mobile-phone company by sales seeks funds to pay for dividends, capital expenditure and a…

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