Etisalat wants to exit Nigeria with a clean sheet
Etisalat is reportedly aiming to divest hits Nigerian unit as soon as its US$1.2bn debt gets restructured. The UAE-based telecom may seek to ...
Tag: Stanbic
Nigeria should not scare MTN away – minister
Nigeria’s communications minister Adebayo Shittu (pictured) has said that the country should not drive MTN out of the country following lawmakers’ allegations of ...
MTN shelves Nigerian unit IPO until regulatory issues are resolved
South Africa’s MTN has halted preparations for the listing of MTN Nigeria as it waits for legal disputes to be resolved and a better ...
MTN source denies report that it is considering exiting Nigeria
A source close to South Africa’s MTN has dismissed a report that claimed it is considering exiting Nigeria after multiple ...
MTN in talks with SEC for Nigerian unit float
South Africa-based MTN Group has been in talks with Nigeria’s Securities and Exchange Commission (SEC) about a potential IPO of its local ...
MTN looking for funds to pay Nigerian fine
South Africa-based MTN Group is reportedly considering issuing a bond as it looks for money to fund dividend payments and capital expenditure, ...
MTN launches R9.9bn empowerment scheme to boost internet bid
South Africa-based MTN Group will sell a 4% stake worth R9.9bn (US$727m) to investors of African descent to meet government quotas on ...
MTN Nigeria picks Citigroup, Stanbic for listing
MTN Group’s Nigerian unit has said its listing on the local stock exchange will likely take place in 2017, as soon ...
