MTN Nigeria Communications Plc has declared a profit after tax of N133.7 billion for the first quarter (Q1) ended March 31, 2025, from a loss of N392.7 billion recorded in the first quarter of 2024. From the profit & loss figures, the company announced a N202.55 billion profit before tax in Q1 2025 from a…
MTN Group and Airtel Africa have agreed to share mobile phone network infrastructure in Nigeria and Uganda. On Wednesday, the two companies stated that the agreement is designed to protect investments while expanding service coverage. Mobile operators in Africa are experiencing sustained demand for digital and financial services, but the cost of building and maintaining…
MTN Nigeria has increased the prices of its internet plans to reflect the 50% tariff hike approved by the Nigerian Communications Commission (NCC) in January. The revised pricing now includes a 1.8GB monthly plan priced at ₦1,500, replacing the previous 1.5GB plan that cost ₦1,000, according to an updated price list reviewed by TechCabal. The…
The Federal Competition and Consumer Protection Commission (FCCPC) has launched a major inquiry into widespread consumer complaints against leading players in the banking, telecommunications, and aviation sectors. FCCPC Director of Corporate Affairs, Ondaje Ijagwu, disclosed this in a statement on Sunday. According to Ijagwu, the inquisitions, which will begin on December 3rd, 4th, and 5th…
