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MTN is shutting down Ayoba, its messaging and super app launched in 2019. Despite early growth and free data incentives, the platform failed to retain users against WhatsApp and Telegram.
While MTN frames the move as a strategic necessity to stabilise costs, local tech leaders and federal regulators are raising a red flag.
MTN launches new Unlimited 5G Broadband Plans to tackle Nigeria’s rising data depletion and poor connectivity, offering faster and more stable internet.
AXIAN Group and Mastercard enter a new partnership to launch digital payment solutions across five African markets, expanding cross-border payments.
MTN users in Kebbi, Zamfara and Sokoto face worsening network outages as fibre cuts and rising insecurity disrupt communication and cripple businesses.
MTN processed $3.4bn in remittances in 2025, a 13% rise as it battles fintech rivals for Africa’s cross-border payment market. Read more.
Investors, who have weathered four years of steep losses, may welcome the black ink, but a closer look reveals the profit was fueled by a $353.6 million favourable swing in net finance costs.
So while MTN leads on speed, most users are still operating on 4G or earlier, or in areas without 5G service
With profitability becoming more sustained, the board finally approved an interim dividend of ₦5 per share, payable from distributable net income.
MoMo Payment Service Bank is marking Nigeria’s 65th Independence Day with 24 hours of free money transfers nationwide on October 1.
MTN backs African language datasets to close the AI gap, supporting local innovation and preserving over 2,000 languages across the continent.
With this spectrum lease arrangement, MTN will be able to handle the additional network traffic through its infrastructure
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