News Formal

MTN commits R65bn investment in Nigeria

  • 📰 ITWeb
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Brasil Notícia Notícia

MTN Group is set to invest $3.5 billion in Nigeria over the next five years. MTNGroup

Pan-African telecom provider MTN Group is set to invest $3.5 billion in Nigeria over the next five years.

Despite operating in 19 markets, Nigerian contributes the lion’s share of MTN Group revenue. In the current reporting period, MTN Nigeria increased mobile subscribers by 9.4% to 76.7 million in the first quarter of 2023. In his remarks, Jonas congratulated Tinubu and welcomed the changes implemented by the new administration, promising to marshal other investors to support the government.

Since his inauguration on 29 May, Tinubu has undertaken economic reforms supporting local businesses. The changes include ending petrol subsidies and the unification of the naira’s multiple exchange rates.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 45. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Minimise load shedding’s impact on your investment portfolio[SPONSORED] There are some interesting opportunities out there if you take a medium-term view and look beyond the current pain, says David Lerche of Sanlam Private Wealth. Moneyweb LoadShedding
Fonte: Moneyweb - 🏆 5. / 77 Consulte Mais informação »