MTN GROUP LTD

MTN Group to Spin Off Fintech Operations for Mastercard Investment

March 18, 2025March 18, 2025 - by Liam O'Sullivan - Leave a Comment

MTN Group Ltd. is reorganizing its financial technology operations in Nigeria, Ghana, and Uganda to facilitate Mastercard’s purchase of a minority stake. The spin-off is vital to completing a 2023 …

MTN Nigeria Stock Falls Amid Naira Devaluation, Anticipates Recovery

February 28, 2025February 28, 2025 - by Aisha Khoury - Leave a Comment

MTN Nigeria’s stock price fell 9.1% due to a 399.45 billion naira net loss for the fiscal year, largely attributed to forex losses from naira devaluation. Though the naira lost …