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MTN’s Ayoba app is shutting down

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.

Analysis

The $6.2 billion tug-of-war: Whose win is MTN’s IHS acquisition?

While MTN frames the move as a strategic necessity to stabilise costs, local tech leaders and federal regulators are raising a red flag.

Telco

MTN launches unlimited 5G broadband as Nigerians battle costly data depletion

MTN launches new Unlimited 5G Broadband Plans to tackle Nigeria’s rising data depletion and poor connectivity, offering faster and more stable internet.

Fintech

AXIAN Group and Mastercard enter new partnership, echoing MTN’s earlier play in digital payments

AXIAN Group and Mastercard enter a new partnership to launch digital payment solutions across five African markets, expanding cross-border payments.

News

MTN network outages deepen across Kebbi, Zamfara, and Sokoto amid rising insecurity challenges 

MTN users in Kebbi, Zamfara and Sokoto face worsening network outages as fibre cuts and rising insecurity disrupt communication and cripple businesses.

Fintech

MTN Group’s remittance flows hit $3.4 billion, signalling new phase in Africa’s fintech race

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.

Telco

IHS Towers’ $147M Q3 profit driven by naira gains, masking MTN churn

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.

Telco

MTN Nigeria delivers region’s top mobile speeds, but users feel the pinch of rapid data depletion

So while MTN leads on speed, most users are still operating on 4G or earlier, or in areas without 5G service

Telco

MTN Nigeria swings to ₦750 billion profit in September 2025, restores dividends

With profitability becoming more sustained, the board finally approved an interim dividend of ₦5 per share, payable from distributable net income.

News

MTN MoMo customers to enjoy free transfers on Independence day

MoMo Payment Service Bank is marking Nigeria’s 65th Independence Day with 24 hours of free money transfers nationwide on October 1.

AI

MTN joins push to build AI models in African languages

MTN backs African language datasets to close the AI gap, supporting local innovation and preserving over 2,000 languages across the continent.

Telco

Breaking: MTN Nigeria secures roaming agreement with T2 Mobile

With this spectrum lease arrangement, MTN will be able to handle the additional network traffic through its infrastructure

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