MTN Group

Unilever Nigeria Plc has announced the appointment of a former Chief executive officer of MTN Nigeria, Michael Ikpoki as an independent non-Executive Director, effect from February 1, 2021. Abidemi Ademola, General Counsel and company…

The telecom giant, MTN Nigeria has appointed Karl Toriola as the new managing director to lead it through the next stages of growth in the years ahead. He is to take over effective 1 March 2021 from the current CEO, Ferdinand…

BARBARA BAKO, Abuja The Central Bank of Nigeria (CBN) on Wednesday says it is discussing with MTN and the four banks involved in the illegal $8.134 billion repatriation to reach equitable resolution. The apex bank in a statement by the…

GBOLABO AFUWAPE MTN Group has initiated a motion to protect its assets in Nigeria from being seized or used as collateral for its $8.1 billion forex repatriation tussle with the Central Bank of Nigeria (CBN). MTN Group on Monday stated…

…Standard Chartered – N2.4 bn …Stanbic IBTC           – N1.8 bn …Citibank                  – N1.2 bn …Diamond Bank        – N0.25 bn …writes MTN to refund $8 billion   The axe of the Central Bank of Nigeria (CBN) has finally fallen on…

 MTN Group is planning to borrow about N400 billion ($1.1 billion) in Nigeria this year as it seeks to fund local investment and replace existing debt in the country. MTN plans to sell bonds and take out long-term loans as Nigeria,…