MTN to invest US$218m Series II Bond proceeds in network expansion

NIGERIA – Following approval from the Securities and Exchange Commission (SEC), MTN Nigeria has launched the book build in respect of the Series II 10-Year Fixed Rate Bond (Series II Bond) and have concluded plans to invest the proceeds from the book launch, which amounts to US$219 million in its network expansion drive, reports This Day. The telco had successfully…

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MTN Nigeria appoints Odunayo Sanya as Executive Secretary of MTN Foundation

NIGERIA – MTN Nigeria, a telecommunication company, has announced the appointment of Odunayo Sanya as Executive Secretary of MTN Foundation. She replaces Nonny Ugboma who held the position from January 2009 to March 2021. Odunayo Sanya has over two decades of experience in the education, banking, development and telecommunication sectors in Nigeria. She is versed in customer experience strategy &…

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MTN Nigeria to invest US$1.5bn to expand broadband access in Nigeria

NIGERIA – MTN Nigeria Plc, a telecommunication company, has concluded plans to invest US$1.5 billion (N617 billion) over the next 3 years to expand broadband access in Nigeria, reports Nairametrics. This move by the company is seen as part of the plans to help boost its 4G coverage and provide home broadband which will be part of a rural connectivity…

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MTN Nigeria set to invest US$1.5bn to expand broadband access in the country

NIGERIA – MTN Nigeria, a mobile telecommunications company, has announced plans to invest N640 billion (US$1.5 billion), over the next three years to expand broadband access across the continent’s most populous country. The invest is in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress.…

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MTN Nigeria, Ajua launch digital eCommerce mobile app to support SMEs

NIGERIA – MTN Nigeria has partnered with Ajua, a Kenyan based Africa’s first Integrated Customer Experience Company, to launch EnGauge, a digital eCommerce customer engagement management mobile app to support SMEs. The mobile app according to the two, is set to transform how SMEs conduct business in Nigeria. It will also help solve 4 of the UNDPs social development goals…

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