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MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined - Business (2) - Nairaland

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Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Randerl: 11:57am On May 22, 2022
THIEF Pass Thieves
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by PericomaNwankwo: 11:57am On May 22, 2022
Parachoko:



https://nairametrics.com/2022/05/21/mtn-nigeria-now-more-valuable-than-all-nigerian-banks-insurance-companies-combined/

Even though the credit market is the biggest market , in Nigeria, MTN, a telecompany, is bigger than all financial entities.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Rugaria: 12:03pm On May 22, 2022
Mindlog:


After being nationalized, it would be mismanaged and it will become history like NITEL
So instead of fighting corruption, we should be handing the country over to foreigner? Imagine the billions taken away from this dead economy every year by these cooperations.
Most of the big corporations in China are either wholly or partly owned by The Chinese government, yet they're some of the most productive businesses in the world. Fight corruption, that should be the mantra.

2 Likes

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by onuman: 12:04pm On May 22, 2022
Because MTN is owned by foreigners. Effective Service.

Enugu Electricity Disco, for example, refuses to touch prepaid meters, but specialises in using Community bills to milk locals and poor villagers dry. It hardly supplies electricity, but Communities must tax the houses to pay monthly bills to the Disco for electricity not supplied.

2 Likes

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by cliffypatt(m): 12:05pm On May 22, 2022
Esseite:
The exact reason why it was wise pascal dozie had to give up diamond bank for MTN..

Is he an MTN stake holder/investor?
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by EmekaBlue(m): 12:06pm On May 22, 2022
South Africa dey chop us wotowoto

Visionless aboki govt

Peter Obi 2023

1 Like

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Sannisege: 12:07pm On May 22, 2022
Chai Nigeria poor sha if all your banks are not even worth 10 billion US dollars (5 trillion nairas).
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Mindlog: 12:16pm On May 22, 2022
Rugaria:

So instead of fighting corruption, we should be handing the country over to foreigner? Imagine the billions taken away from this dead economy every year by these cooperations.
Most of the big corporations in China are either wholly or partly owned by The Chinese government, yet they're some of the most productive businesses in the world. Fight corruption, that should be the mantra.

Realistically, the Nigerian system is configured to be soaked in corruption from the top to the bottom thus it would make better sense Nigerians owning at least 49% share of MTN Nigeria.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Nobody: 12:20pm On May 22, 2022
cliffypatt:


Is he an MTN stake holder/investor?

Pascal practically owns MTN Nigeria..

1 Like

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Yankee101: 12:22pm On May 22, 2022
Shame
Pure shame
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by wpadmin: 12:24pm On May 22, 2022
MTN deserves it.

They have the cheapest and most reliable network in the country.

I use the ₦5,000 for 40GB plan monthly. It serves me well.

2 Likes

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by eazisky(m): 12:32pm On May 22, 2022
Heard MTN will be lunching their bank soon

2 Likes

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by johnnychuks(m): 12:50pm On May 22, 2022
Parachoko:
I wander why Nigerian laws are so lenient on this network provider.

There data price is so expensive, but there network is very terrible.

In this 2022, there is no network provider that's operating a stable and fast internet service in Nigeria. And nobody is doing anything about it, everybody just dey look as dem dey make billions of Naira and not giving valid for money.

MTN has no excuse for not giving us fast and stable internet service in Nigeria again.
. That is the reasons we need to split this country in two or three way so we can anable to see our self clear and know when intruders are trying to invade, cause intruders are more numerous that the country him self, some times I ask how do we manage to become a country self.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Cutehector(m): 12:51pm On May 22, 2022
eazisky:
Heard MTN will be lunching their bank soon
oh yes...mass resignation from traditional banks to mtn bank
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by BadNews: 1:01pm On May 22, 2022
MTN NIGERIA ARE CR-IMI-NAL

They Are Owning Me 12,000naira
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by 3seriez(m): 1:01pm On May 22, 2022
So it means if you subscribed to their share offer in December 2021, you are already in profit. Nice one.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Biafranodogwu55: 1:03pm On May 22, 2022
Just look at
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Voldoz: 1:23pm On May 22, 2022
Parachoko:
I wander why Nigerian laws are so lenient on this network provider.

There data price is so expensive, but there network is very terrible.

In this 2022, there is no network provider that's operating a stable and fast internet service in Nigeria. And nobody is doing anything about it, everybody just dey look as dem dey make billions of Naira and not giving valid for money.

MTN has no excuse for not giving us fast and stable internet service in Nigeria again.


Na we citizens be the cause of the problem.

When we sit down close mouth waything we expect them to do?

MTN go deduct money anyhow from my account bank go tell me say na their commission. As if the card na another network I one use am for.

Useless people.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by digitite: 1:32pm On May 22, 2022
The Blockchain technology will soon override all that where networks are decentralized. Putting control in the hands of consumers and crushing the prices of data.

1 Like

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by clothingonline(m): 1:32pm On May 22, 2022
Seriously wow
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by gnykelly(m): 1:33pm On May 22, 2022
Mindlog:


After being nationalized, it would be mismanaged and it will become history like NITEL

Even Glo that Nigerians are in charge, see where it is
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by toujurs: 1:39pm On May 22, 2022
SARSCoV2:
Because they are very good with slavery.


Enslave multitude and you definitely get big profit.




I swear to God, they learnt it from indigenous companies. Multinational company are still even better of honestly. Nigerians are really suffering and smiling. 6gig doesn't last up to a month for me. Anymore.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by IbileIfe: 1:51pm On May 22, 2022
One day, my total networth will be larger than MTN Nigeria and the Dangote Group combined.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Parachoko: 2:10pm On May 22, 2022
Elporo:


No be lie. I have MTN, Glo, Spectra, Airtel. Do you know, these four networks can fail at the same time.

I mean, you switch from MTN to Glo, no network, Glo to Spectra , no network, Spectra to Airtel no network. shocked
Is so terrible. Yet nobody is doing anything about it.

With the amount of money MTN is making in Nigeria, such a thing should not be allowed.

They are making lots of money, they should be able to give us fast and stable network 24/7.

And the funny thing is that, there data is so expensive.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by tegrianonigltd(m): 2:32pm On May 22, 2022
kettykings:
Perception is everything, kudos to their marketing team.

The whites are better managers, just the basic truth.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by kettykings: 2:35pm On May 22, 2022
tegrianonigltd:


The whites are better managers, just the basic truth.
they are better managers but they are able to paint a very good picture before investors and the general public.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by tegrianonigltd(m): 2:44pm On May 22, 2022
kettykings:
they are better managers but they are able to paint a very good picture before investors and the general public.

Worked with them, lived in 3 countries, America, South Africa and presently uK they are better managers, tho as humans we use flaws, they have theirs base on racism, etc but they know how to manage, paint the bad picture GOOD, cover their loop holes, they don’t show their criminals on news or pictures, efcc catch yahoo bois they post, etc

1 Like

Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by ambale(m): 2:56pm On May 22, 2022
On top their epileptic network, wey dey use days to load

Nawaoo
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Ajibade123(m): 3:01pm On May 22, 2022
wow I bought it at 205 let me goan check my wallet
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Asianjollof007: 3:10pm On May 22, 2022
uchaymart:
Okay...I think you meant to say MTN is more valuable than access Bank?

MTN that deducts money when a call does not go through?

MTN that deducts data even when you turn it off?

Next time, give out questionnaires to individuals for a good accessment of the value of your company.



You don't comprehend.
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Nobody: 3:14pm On May 22, 2022
MVP lol @ combined
Re: MTN Nigeria More Valuable Than Nigerian Banks, Insurance Companies Combined by Nicerazor(m): 3:20pm On May 22, 2022
MTN might switch into banking services soon as they have acquired banker’s license.
What’s the implications of this to nigerian banks?
With over 1.7 million subscribers Mtn will be a force to be reckoned with when it goes full into banking who will be converted into banking customers.
There will be healthy rivalry in the banking sector but in no distance future mtn will dominate the banking space.
But before then fingers crossed.
Congratulations to those that bought mtn shares last year.

2 Likes

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