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MTN Group Ltd. is seeking local investors to acquire a 30% stake in IHS Nigeria Plc. under an agreement with the country's antitrust authorities, according to people familiar with the matter....
MTN Group Ltd. said adjusted first-half earnings climbed as much as 23% after improved results from the Nigerian, Ghanaian and Ugandan operations of Africa's biggest mobile-network operator....
Nigeria now requires prior regulatory clearance for transactions involving 10% or more of a licensee's shares, as MTN and Airtel consolidate their dominance of Africa's largest telecom market....
MTN Group Ltd. is finalizing the spinoffs of its Nigerian and Ugandan financial-technology operations as part of a reorganization of its mobile-money unit to allow Mastercard Inc. and other strategic buyers to take minority stakes in its fintech businesses....
MTN Group Ltd., Africa's biggest network operator, said full-year earnings are expected to more than quadruple after its Nigerian and Ghanaian operations delivered “robust” results....