SUNDAY 1ST AUGUST 2021

Page 1

MTN Records N790.3bn Revenue in Q1 2021 Suffers losses in mobile, data subscriptions

Emma Okonji MTN Nigeria yesterday declared revenue of N790.3 billion, representing an increase of 24.1 per cent in

its unedited half year results for the period that ended on June 30, 2021. The company’s Earnings Before Interest, Tax, Depreciation, and Amortisation

(EBITDA), grew by 27.6 per cent to reach N417.2 billion. The EBITDA margin improved by 1.4 percentage points to 52.7 per cent and its Capital Expenditure (CAPEX) was

up by 39.1 per cent to reach N186.4 billion. Its dividend per share rose to N4.55 kobo, which is about 30 per cent increase. The telecoms company,

however, suffered losses in the number of mobile subscribers and data subscriptions. According to the report, mobile subscribers declined by 7.6 million to 68.9 million,

impacted by the regulatory restrictions on new SIM sales and activations. Active data users also Continued on page 8

PDP Govs’ Committee to Review Report on Zoning of 2023 Presidency… Page 5 Sunday 1 August, 2021 Vol 26. No 9610

www.thisdaylive.com TR

UTH

& R E ASO

N400

N

After Marathon Meeting, IG Asks Kyari to Respond to Allegations To set up an investigative panel US may activate extradition treaty, says Falana Kingsley Nwezeh in Abuja After a four-hour marathon meeting between the Inspector-

General of Police (IG), Mr. Usman Baba, and the head of his Intelligence Response Team (IRT), Deputy Commissioner

of Police (DCP), Abba Kyari, the police boss has directed Kyari to respond in writing to the allegations contained

in the United States’ court summons linking him to a $1.1 million fraud committed by the internet fraudster,

Abbas Ramon also known as Hushpuppi, THISDAY has learnt. THISDAY also gathered

that the IG will also set up an investigative panel to Continued on page 5

Protests Hit APC Congresses in Kwara, Lagos, Imo, Osun, A’Ibom, Delta, Others Akpabio’s loyalists accuse Akpanudoedehe of manipulation Keyamo, Ogboru, Ojougboh’s supporters shun congress in Delta Aregbesola’s group kicks against adoption of consensus Okorocha, Ararume, Abe’s factions boycott exercise in Imo, Rivers Segun James in Lagos, Adedayo Akinwale in Abuja, Christopher Isiguzo in Enugu, Ibrahim Shuaibu in Kano, Okon Bassey in Uyo, Amby Uneze in Owerri, Hammed Shittu in Ilorin, Victor Ogunje in Ado Ekiti and Omon-Julius Onabu in Asaba The ward congresses held yesterday by the All Progressives Congress (APC) were characterised by protests, boycotts and the formation of parallel executives in some states, THISDAY investigation has revealed. Some of the affected states include: Kwara, Ekiti, Kano, Lagos, Imo, Oyo, Osun, Akwa Ibom, Rivers, Delta, and Enugu. However, states such as Edo, Katsina, Jigawa, Niger, Ogun, and others elected their ward leaders through a consensus arrangement as recommended Continued on page 6

HURRAY! ASAGBA IS 97... L-R: Delta State Governor, Dr. Ifeanyi Okowa; Asagba of Asaba. HRM, Obi Chike Edozien; and his wife, Modupe, during the 30th coronation anniversary and 97th birthday celebrations of the Asagba at his palace in Asaba...yesterday


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.