MTN has had persistent run-ins with authorities as it chases big sales growth opportunities in Nigeria. The company had seen more than $3 billion of its market value erased since the news of the fund-transfer allegations came to light in August, with the stock losing more than a third of its value. MTN also faces geopolitical risks tied to its businesses in Syria and Iran. There are still major hurdles for it...
Nigeria’s central bank had said $8.1 billion in dividends paid by MTN Nigeria to its parent company between 2007 and 2015 and sent back to South Africa were illegal and should be returned. South Africa’s MTN Group has resolved a dispute with Nigeria’s central bank and made a $53 million payment, the telecoms company said in a message posted on Twitter. Around two years ago MTN agreed to pay more than $1...
Gift-Tech Media is a dynamic digital media platform based in Sunyani, Ghana, operating under the umbrella of Gift-Tech Solutions. The organization specializes in producing and distributing multimedia content, including news articles, videos, podcasts, and live broadcasts, with a focus on technology, politics, business, and social issues.
Gift-Tech Media’s commitment to quality content and innovative delivery methods positions it as a notable player in Ghana’s digital media landscape.
© 2025 Created by Gift-Tech Solutions
