Nigeria & MTN Group

Nigeria: Nigeria is the nation whose citizens are being attacked in South Africa, leading to calls for economic retaliation against South African companies operating within Nigeria.

MTN Group: MTN Group, a South African telecommunications company, faces potential license revocation and nationalization in Nigeria due to the ongoing xenophobic attacks.

Nigeria: Nigeria is experiencing xenophobic attacks against its citizens in South Africa, leading its Nigeria — National Assembly (Nigeria) to take diplomatic action and consider retaliatory measures.

MTN Group: MTN Group, a South African company, faces potential license revocation in Nigeria as a retaliatory measure for xenophobic attacks against Nigerians in South Africa.

Nigeria: Nigeria experienced a 200% surge in diesel prices after fuel subsidy removal, leading operators to spend $400 million annually on towers and accelerating the shift to clean energy.

MTN Group: MTN Group is a major operator expanding solar and hybrid systems across its networks, with its South Sudan operations cutting fuel spending by 30% after adopting solar power.

MTN Group: MTN Group is the parent company whose Ghanaian unit, Scancom PLC, completed the structural separation. This move aligns with MTN Group's broader strategy to scale its fintech platform and accelerate long-term value creation.

MTN Group: MTN Group paid N442 million to Sanusi Lamido Sanusi as remuneration, reflecting its improved financial performance and the importance of strong corporate governance. The company reported a 55.1% increase in service revenue to N5.2 trillion in 2025.