MTN GROUP LTD

MTN Group to Expand Fintech Operations and Partner with Mastercard

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

MTN Group will spin off its fintech operations in Nigeria, Ghana, and Uganda to facilitate a $200 million investment from Mastercard. The fintech unit is valued at $5.2 billion, with …

MTN Nigeria Stock Price Drops Due to Naira Devaluation Challenges

February 28, 2025February 28, 2025 - by Allegra Nguyen - Leave a Comment

MTN Nigeria’s stock fell by 9.1% amid substantial losses due to naira devaluation, reporting a net loss of 399.45 billion naira for 2024. Operating expenses surged significantly while EBITDA margins …