FintechTechnology

Telcos are phasing out old USSD codes

Telecommunication firms have begun to phase out old Unstructured Supplementary Service Data shortcodes for new harmonised ones as directed by the Nigerian Communications Commission. With this move, famous USSD codes such as *556# are now outdated. Customers of MTN Nigeria told The PUNCH that old USSD prompts now redirect them to a message that reads, “Y’ello Our codes have changed. While MTN…
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Technology

MTN investors will buy dividend shares at N232.68.

MTN Nigeria has announced the price for its shares per unit under the scrip dividend plan for interested shareholders. In a corporate notice filed with the Nigerian Exchange Limited on Thursday, the firm said that reference share price would be N232.68, which was lower than…
Fintech

MTN merges two financial subsidiaries

Telecommunications company, MTN Nigeria, has proposed a merger of its two finance subsidiaries; Momo Payment Service Bank Limited and Yello Digital Financial Services Limited. This was revealed in its proposed resolutions for its 2023 Annual General Meeting scheduled to hold…
FintechTechnology

Nigeria MTN raised 125 billion naira through commercial paper (CP).

MTN Nigeria has raised N125bn through issuance of commercial papers to boost its short-term working capital and funding requirements. In a notice to the Nigerian Exchange Limited on Monday, the company said that it had completed the Series 4 & 5 Commercial Paper issuance under its N150bn Commercial Paper issuance programme. The notice signed by Company Secretary, Ufo Ukpanat, revealed that MTN…
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EducationTechnology

Four things To Learn From MTN and Meta’s ICT and Business Skills Training

The final session of MTN Foundation’s ICT and Business Skills training was held on Friday, May 20, 2022, in partnership with Meta. The training was led by Chikwenze Raphael and Timothy Ukaegbu from the Small Business team at Meta, and here are four things we learnt: Importance of having an online presence: As entrepreneurs in a digital age, it is important to have an online presence. Having an…
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