Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

MTN Nigeria Revenue Down 6% From Jan – Apr

Editor by Editor
May 25, 2016
in Business News, Spotlight
MTN Nigeria Revenue Down 6% From Jan – Apr
Share on FacebookShare on TwitterShare on Linkedin

MTN Group Ltd. Nigeria sales declined 6 percent in the four months through April, the Johannesburg-based company said in a statement on Wednesday.

Growth slowed as Nigerian regulators withdrew services and ordered the disconnection of customers in the phone company’s biggest market.

“We expect the group’s performance to be impacted by the weak macro environment in key markets as well as by tough competition,” Chairman Phuthuma Nhleko said.

MTN’s business in Nigeria came under pressure last year as regulators withdrew services and levied a record $3.9 billion fine on the company for missing a deadline to disconnect subscribers.

RelatedPosts

FBN Holdings appoints Samson Oyewale Ariyibi, Patrick Iyamabo as executive directors

International Breweries gets NGX’s approval for free float compliance extension

The stock is down about 31 percent since the penalty was made public in October.

Related

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • FBN Holdings appoints Samson Oyewale Ariyibi, Patrick Iyamabo as executive directors
    • International Breweries gets NGX’s approval for free float compliance extension
    • Can Elon Musk buy Manchester United?

    Follow us on social media:

    Recent News

    The ABCs of Accessing Finance for your Business

    FBN Holdings appoints Samson Oyewale Ariyibi, Patrick Iyamabo as executive directors

    August 17, 2022
    Despite intensive advertising, International Breweries reported lower revenue and a loss 

    International Breweries gets NGX’s approval for free float compliance extension

    August 17, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com