Nigeria’s 50 per cent telecom tariff increase has delivered a sharp improvement in revenue and profitability for the telecommunications operators, but their spending patterns show a clear difference in how the additional earnings are being deployed. A review of available financial results shows Airtel Nigeria has accelerated network investment, while MTN Nigeria has taken a …
The Nigerian stock market is currently heavily controlled by a small group of companies, with just 26 firms, including MTN Nigeria Communications and Dangote Cement, accounting for over 90 per cent of the total value of the Nigerian Exchange (NGX) market capitalisation. Pinnacle Daily analysis of market data from the NGX price list for April …
MTN Nigeria Communications Plc grew its revenue to ₦5.20 trillion in 2025, driven largely by the 50 per cent tariff adjustment approved by the Nigerian Communications Commission (NCC), Pinnacle Daily can report. A review of MTN Nigeria’s 2025 audited financial report shows that the tariff increase implemented across its service offerings was a primary driver …
The Federal Government has launched MyCityNaija, a nationwide smart city platform that connects government services, businesses and citizens in one digital ecosystem. At the unveiling in Abuja, Minister of Art, Culture and the Creative Economy, Hannatu Musa Musawa, described the initiative as a bold step toward economic diversification and digital inclusion. She said the launch …
MTN Nigeria has announced that it has paid over ₦6.9 Trillion in taxes, levies, and duty contributions. This figure solidifies the telecommunications giant's position as one of the largest corporate taxpayers and fiscal partners to the Federal and State Governments, directly funding critical sectors of the economy. The company’s role in nation-building extends beyond tax; …
Chairman of MTN Nigeria, Dr. Ernest Ndukwe, has said the success of the company from its early years to its dominance as Nigeria’s leading telecom operator stems from strong corporate governance and merit-based recruitment. Speaking at the 31st Nigerian Economic Summit in Abuja, during a panel session themed “Titans on the Move: Africa’s Multinationals,” Ndukwe …
