Tag: MTN Group

MTN tests investor appetite as IHS Towers deal raises funding needs

MTN Group is testing investor appetite as it prepares to fund its $2.2 billion purchase of IHS Towers shares and weighs new debt options.

Oluwatosin Alao Oluwatosin Alao

UAE tycoon Al Ashram, MTN join forces to build AI data centers in Africa     

MTN and UAE tycoon Tarek Al Ashram plan AI data centers in Africa, starting with 150MW of capacity in Nigeria and South Africa.

Timilehin Adejumobi Timilehin Adejumobi

MTN backs midterm targets with $374 million buyback as core cash holds up

MTN launches a $374 million share buyback as stronger African operations lift earnings, free cash flow, and medium-term growth prospects.

Omokolade Ajayi Omokolade Ajayi

10 chairpersons driving MTN Group growth across Africa

MTN Group’s growth across Africa is driven by local chairpersons shaping regulation, capital strategy and trust in 16 markets.

Feyisayo Ajayi Feyisayo Ajayi

MTN Group CEO Ralph Mupita joins UN AI for Good Global Commission 

MTN CEO Ralph Mupita joins the UN AI for Good Global Commission to help shape responsible AI and digital inclusion.

Timilehin Adejumobi Timilehin Adejumobi

MTN Group: 10 chairpersons driving growth across Africa

MTN group’s 10 chairpersons anchor governance across Africa, steering regulation, fintech expansion, and long-term growth in key markets.

Feyisayo Ajayi Feyisayo Ajayi

MTN targets Nigeria’s $236 billion credit gap with direct lending push

MTN Group plans to launch direct lending in Nigeria to target a $236 billion funding gap and disrupt African banking.

Omokolade Ajayi Omokolade Ajayi

MTN tax contribution rises to $3.76 billion in 2025 across key markets

MTN Group paid $3.76 billion in taxes across 16 markets in 2025, reflecting its expanding fiscal contribution in Africa and the Middle East.

Omokolade Ajayi Omokolade Ajayi

Nigerian monarch Lamido Sanusi’s MTN board pay may top N500 million in 2026 on stronger earnings

Nigerian monarch Lamido Sanusi, Emir of Kano, could earn above N500 million in 2026 as MTN Group performance strengthens.

Omokolade Ajayi Omokolade Ajayi

MTN deal takes Nigerian fintech infrastructure across Africa

MTN Group, Africa’s largest telecom operator, is expanding deeper into digital financial services through a new partnership that will take Nigerian-built fintech infrastructure into more African markets.  The agreement reflects how telecom companies are becoming increasingly important to Africa’s financial system as millions of consumers continue to rely on mobile phones rather than traditional banks for payments, savings and credit…

Oluwatosin Alao Oluwatosin Alao

Nigerian monarch Lamido Sanusi, the Emir of Kano, takes home N442 million from MTN

Lamido Sanusi, Emir of Kano, received N442 million from MTN in 2025 as the telecom firm posted a recovery in key African markets.

Omokolade Ajayi Omokolade Ajayi

MTN CEO Ralph Mupita earns $4.1 million as telecom giant returns to profit

MTN Group posts $2.81 billion profit; CEO Ralph Mupita takes home $4.1 million in 2025 compensation.

Omokolade Ajayi Omokolade Ajayi