Social distancing at the Mtn Nigeria Annual General meeting - (photos)

MTN Nigeria Communications Plc, one of the country's leading telecommunications company in the country, held its Annual General Meeting (AGM) this week, May 15, 2020.













The Event venue was at the Rooftop Event Hall of MTN Plaza at Falomo, Ikoyi, Lagos by 11 am. The AGM will take place via proxy as a result of the present global health situation, which prohibits gatherings of over 20 persons at a time. 

In the 2019 financial year, MTN Nigeria grew its earnings per share by 38.8 per cent to N9.90, while the pre-tax profit rose by 31.1 per cent to N290.1 billion, with revenue jumping by 12.6 per cent to N1.2 trillion.

MTN Nigeria's mobile subscribers increased by 6.1million to 64.3 million, while its active data users grew by 6.5 million to 25.2 million.

MTN Group Limited, formerly M-Cell,is a South African multinational mobile telecommunications company, operating in many African, European and Asian countries. Its head office is in Johannesburg.

 As of 30 June 2016, MTN recorded 232.6 million subscribers, making it the eighth largest mobile network operator in the world, and the largest in Africa.
 Active in over 20 countries, one-third of company revenue come from Nigeria, where it holds about 35% market share.

On 22 October 2015, MTN was named the Most Admired and the Most Valuable African brand, valued at US$4,672m, its second award in two years. Brand Africa announced at the 4th Annual Brand Africa 100: Africa's Best Brands gala event in Johannesburg, that MTN is the overall best brand on the continent and reclaims the No. 1 spot as the Most Admired Brand in Africa.

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