National Association of Telecommunication Subscribers has commended MTN Nigeria for listing its shares on the Nigerian Stock Exchange.
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MTN Nigeria Communications Plc (MTN Nigeria) on Thursday announced its unaudited results for the quarter ended March 31.
The Securities and Exchange Commission on Wednesday said it had approved MTN Nigeria’s application to list on the Nigerian Stock Exchange by way of introduction.
MTN Nigeria recorded N453.1 billion Earnings Before Interest, Taxes, Depreciation and Amortization in 2018.
MTN Nigeria has instituted a legal action against the Kogi State Government, claiming N5 million damages, an official said on Tuesday.
The MTN Nigeria has expressed concern over the shutdown of its base transmitting facilities by the Kogi State Internal Revenue Service over allegations of not meeting its tax obligations to the government.
A Federal High Court Lagos, on Wednesday, further adjourned until January 22, 2019 for report of settlement in a suit between MTN Nigeria Communications Ltd, and the Central Bank of Nigeria over repatriation of 8.1 billion dollars.
Absence of Justice Chukwujekwu Aneke on Monday stalled hearing of a suit by MTN Nigeria against the Attorney-General of the Federation challenging the legality of N242 billion and 1.3 billion dollars import duties and withholding tax assessment.
The Chief Enterprise Business Officer MTN, Lynda Saint-Nwafor, while unveiling the programme, said that it would add exponential value to its enterprise business customers.
A Federal High Court, Lagos, will on December 3 hear a suit by MTN Nigeria Communication Ltd against the Attorney General of the Federation challenging the legality of N242 billion and 1.3 billion dollars import duties and withholding tax assessment.
The scheme which is in partnership with MTN Nigeria, PayJoy, Samsung and Sterling Bank, will enable Nigerians pay for devices at flexible installments.
Financial experts on Thursday urged the Federal Government to ensure a quick resolution of the impasse between the Central Bank of Nigeria and MTN Nigeria over illegally repatriated dividends.
The banks were accused by the CBN of issuing irregular Certificates of Capital Importation on behalf of some offshore investors of MTN Nigeria Communications Limited
The company made known the tax bill on Tuesday and in a long statement rejected the plan of the Attorney General of the Federation and Minister of Justice, Abubakar Malami, to recover the taxes accumulating from import duties, VAT and withholding taxes on foreign imports/payments
The Governor, who also commissioned a Multi-level Car Park within the same premises, said the unveiling of the edifice, which was delivered through a Public-Private Partnership arrangement with MTN Nigeria, signposts the readiness, willingness and ability of the State Government to take full control of its waterways and would continue to do so effectively
The MTN General Manager in charge of Consumer Marketing, Oluwole Rawa, announced this in a statement on Thursday in Lagos.
Dr Chikwe Ihekweazu, the Chief Executive Officer of Nigeria Centre for Disease Control, on Monday, says that Nigeria needs N4 billion to tackle infectious diseases.
“We do not have casual employees in MTN; I am not aware that MTN engages in casualisation.
Alhaji Bulama Abiso, the Borno NLC Vice Chairman on Tuesday, said that all congresses leaders were directed to mobilise their members to participate in the protest.
The much-anticipated share listing could value MTN at around $5 billion and help revitalise the Nigerian stock market.