MTN, telecommunications giant, says it sacked some of its workersin order to increase opportunities for professionals with fresh perspectives. There had been reports that the company terminated the appointments of over 200 workers. In a statement signed by Funsho Aina, company's spokesman, MTN said the workers who have worked with the company for more than five years were allowed to pursue other [...]
Tag "MTN"
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MTN Nigeria says the University of Port Harcourt (UNIPORT) is one of Nigeria's foremost breeding grounds for future leaders, assuring students and leadership of the university of its unwavering support. During a visit to the school, Mohammad Siddiqui, chief operating officer of the telco, pledged the commitment of the company to supporting the development of the country’s education sector. Siddiqui said education [...]
MTN has remitted N30 billion to the federal government in part settlement of a N330 billion fine imposed on the telecoms group for not disconnecting unregistered SIM cards, Reuters said quoting a source. Having paid N80 billion in December, the current payment brings the amount paid out of the fine to N110 billion. The fine is due for payment in six instalments [...]
The Nigerian Communications Commission (NCC) has queried the major mobile network operators -- MTN, Airtel and Etisalat -- on the deteriorating quality of service. It has also appealed to the central bank to make forex available for the operators to address the issue of network failures. In a statement on Monday, Tony Ojobo, director public affairs of the NCC, said Umar Danbatta, [...]
The National Association of Nigerian Students (NANS) has given 48 hours ultimatum to all South African companies in Nigeria to relocate over the xenophobic attacks on Nigerians in South Africa. The students gave the ultimatum at a peaceful demonstration at some South African companies in Abuja on Thursday. During the march the students carried a banner, which read: ‘NANS Against Xenophobic Attacks [...]
Angry protesters broke into the MTN office located at 4 Madiera street, off Shehu Shagari way, Maitama, Abuja, on Thursday. Some members of staff of the organisation and customers were said to have been attacked, while valuables were stolen. A witness, who simply identified himself as Oscar, told journalists that, but for the intervention of policemen, the protesters would have destroyed the building. "The [...]
The management of Shoprite, popular South African retailer, says it will only open two stores in Nigeria over the next 15 months due to lack of retail space. Pieter Engelbrecht, the retailer's chief executive, told Reuters in an interview that it could have opened as much as 13 stores but for space constraint. "Look, at Nigeria with the new legislation there where [...]
The number of mobile telecommunication subscribers in Nigeria increased by 1.24 million to stand at 154.53 million in December 2016. This is according to figures released by the Nigerian Bureau of Statistics (NBS) on Tuesday. In its report, the NBS said that although growth in the telecommunications sector remained positive, year on year growth dropped in real terms from 1.5% in the [...]
Adebayo Shittu, minister of communications, wants Nigerians to encourage MTN, a telecommunications company, and not scare it away from the country. Shittu said MTN is important to Nigeria and the presumption is that they are innocent of the latest allegations levelled against the company. After being fined N330 billion for failing to deactivate more than 5 million unregistered sim cards, MTN faces another potential hefty fine [...]
Fredi Moolman, MTN Nigeria’s chief executive officer (CEO), has described the resignation of Amina Oyagbola as a big loss to the telecommunications company. Before her resignation, Oyagbola was in charge of the company's human resource and corporate services. Moolman commended her for the expertise she brought to the job. "MTN has again commended the immense dedication and passion for excellence which Amina Oyagbola [...]
The federal government says MTN had paid N80 billion of the N330 billion fine imposed on it for failing to deactivate more than five million unregistered SIM cards. Adebayo Shittu, minister of communications, disclosed this at a forum organised by NAN in Abuja. He said the company paid the sum for the first year. MTN was initially fined 5.2 billion dollars (N1.04 trillion) but [...]
The Nigeria Communication Commission (NCC) has directed mobile operators to initiate a new data tariff regime from December 1, 2016 in what is effectively a price increase. In a letter to mobile operators dated November 1 and seen by TheCable, the regulator stated that the interim floor price for data services was 0.90k/MB for big operators, and that "this rate will [...]
The MTN group says it is the first mobile operator in the world to use the open optical packet transport platform, known as Voyager, after joining the Telecom Infra Project (TIP) earlier this year. According to MTN: "The TIP initiative, which was launched in February 2016, is a global endeavour which brings together key stakeholders in the telecoms and technology space [...]
The Central Bank of Nigeria (CBN) has ordered the suspension of MTN Group dividend payment from the Nigerian subsidiary of the telecommunications giant, until further notice. In a quarterly update to shareholders, MTN Group said it was not guilty of the illegal repatriation charges levelled against it by the Nigerian senate, stating that the claims are totally unfounded and without merit. Addressing [...]
MTN Nigeria says it was impossible to follow the provisions of the law on the issuance of Certificates of Capital Importation (CCI) before moving out $13.9 billion out of the country. Dino Melaye, senator representing Kogi west federal constituency, had accused the telco of flouting Nigerian laws by failing to obtain a (CCI) as authorised by CBN Financial and Miscellaneous Act within [...]
The senate has threatened to come down hard on Okechukwu Enelamah, minister of industry, trade and investment, over his failure to participate in the investigative hearing on the alleged illegal repatriation of $13.92billion out of the country by MTN. The minister, who owns CELTELCOM and is said to have invested in MTN, was to explain before the senate committee on banking, [...]
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