Mtn Nigeria Communications Ltd

South Africa's MTN Group reported higher group core earnings for the first quarter of 2020, and maintained its medium-term guidance on Thursday, bucking a corporate trend to withdraw or postpone issuing due to the coronavirus crisis.

Nigerian stocks rose 3.12% on Tuesday to record their biggest rise in three months as shares gained across sectors a day after the government began a gradual easing of a coronavirus lockdown.

Nigerian funds are switching back to equities from fixed-income securities, hoping for a stock market rebound later this year after a coronavirus-induced rout in oil prices prompted foreign investors to sell-off their holdings, market players said.

MTN Group may have to consider a phased sale to reduce its majority stake in its Nigerian business but still plans to proceed with the disposal, Bloomberg reported on Tuesday.

Telecommunications firm MTN Group will invest $1.6 billion in Nigeria, the company said, after it resolved a major legal case with the government in its biggest market.

Telecommunications firm MTN Group, said it would invest $1.6 billion in Nigeria after it resolved a legal case with the government.

Nigerian President Muhammadu Buhari has signed into law a new bill that seeks to boost government revenue through a rise in the value-added tax rate while at the same time supporting small businesses in Africa's biggest economy.

MTN Nigeria shares rose 10% on Monday to their highest in two weeks after the country's attorney general withdrew a $2 billion tax demand against the South African telecoms firm.

MTN Nigeria shares rose 10% on Monday to their highest in two weeks after the country's attorney general withdrew a $2 billion tax demand against the South African telecoms firm.

Nigeria's attorney general has withdrawn a $2 billion tax demand against South African telecoms giant MTN Group, the company and attorney general said on Friday, in a closely watched case that investors say has damaged Nigeria's appeal.

The Nigerian unit of South African telecoms company MTN Group said on Friday the attorney general of Nigeria has withdrawn its $2 billion tax demand against MTN Nigeria.

MTN's mobile money service will go live in January in South Africa, allowing customers to send, receive, save money and pay for goods using their mobile phones, the mobile operator said on Wednesday.

Nigerian stocks fell to their lowest level in a month on Tuesday after shedding 1.11% as shares of the two most capitalised companies Dangote Cement and MTN Nigeria declined.

A federal judge in Lagos has set Jan. 30 and 31 for the hearing of a $2 billion tax dispute between South Africa's MTN Group and the Nigerian government.

A federal judge in Lagos has set Jan. 30 and 31 for the hearing of a $2 billion tax dispute between South Africa's MTN Group and the Nigerian government.

Shares of MTN Nigeria <MTNN.LG> hit a three-month high on Friday after the telecoms company's offices partially reopened following a shutdown due to anti-South African attacks in the West African country.

Shares of MTN Nigeria hit a three-month high on Friday after the telecoms firm's offices partially reopened following a shutdown due to anti-South African attacks in the West African country.

Nigeria said on Wednesday it would boycott an Africa economic summit in Cape Town, intensifying a diplomatic row after a series of deadly attacks on foreigners in South African cities.

Nigerian police plan to boost security at embassies and foreign businesses in the country in the wake of violence targeted at South African-owned companies, the police said on Wednesday.