Monday, April 13, 2026
32.2 C
Lagos

Business

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

Beta Glass Reports Revenue of N149.1bn in Audited Results for 2025

Beta Glass Plc, the leading glass container manufacturer in...

BUA Foods Posts ₦1.77tn Revenue, Signals Confidence with ₦28 Dividend as Payout Jumps 115%

Nigeria’s leading food manufacturing company, BUA Foods Plc has...

As AI Reshapes PR, EvaluatePR Examines Trust, Truth and the Future of Communication

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NAICOM, Stakeholders Applaud Daily Economy, Author at Insurance Book Launch

L-R: General Manager, Production, Punch Nigeria Limited, Mr Olayinka...

Leadway Assurance to Champion Climate Risk Solutions at Africa Climate Insurance Symposium in Germany

Leadway Assurance, Nigeria’s leading insurance services provider, will participate...

Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Business

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

Beta Glass Reports Revenue of N149.1bn in Audited Results for 2025

Beta Glass Plc, the leading glass container manufacturer in...

BUA Foods Posts ₦1.77tn Revenue, Signals Confidence with ₦28 Dividend as Payout Jumps 115%

Nigeria’s leading food manufacturing company, BUA Foods Plc has...

As AI Reshapes PR, EvaluatePR Examines Trust, Truth and the Future of Communication

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NAICOM, Stakeholders Applaud Daily Economy, Author at Insurance Book Launch

L-R: General Manager, Production, Punch Nigeria Limited, Mr Olayinka...

Leadway Assurance to Champion Climate Risk Solutions at Africa Climate Insurance Symposium in Germany

Leadway Assurance, Nigeria’s leading insurance services provider, will participate...

Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Why MTN Conceded Defeat in NCC Case

It is no longer news that MTN Nigeria conceded defeat in the legal action it instituted against the Nigerian Communications Commission [NCC] by seeking out-of-court settlement last Friday.

The telecom operator had filed a suit against the N780 billion fine imposed on it by NCC for failing to disconnect unregistered subscribers on its network. The fine was originally N1.O4 trillion.

The Scent of Defeat
Even as MTN Nigeria filed the legal action against the NCC last December in a media show of bravado, there was a scent of defeat in the air.

Not only was its action a Declaration of War against its own regulator, it was also a Declaration of War against the Federal Republic of Nigeria. Two key elements, indeed, that placed a heavy burden on the shoulders of MTN and its retinue of Senior Advocates of Nigeria [SANs] legal team.

A little dose of wisdom could have told the management of MTN that winning such a legal battle was difficult, if not virtually impossible.

The operator could have won the battle, but still lose the war. In another sense, they could have also won the case in the short term but still go ahead and lose in the medium and long term, as long as they continue to operate in the Nigerian market.

It was a no-win situation for MTN Nigeria!

What Did MTN Gain?
At the weekend, concerned stakeholders were asking one key question: what did MTN gain by going to court against the NCC and then making a u-turn for out-of court settlement just after two court appearances? The answer was unanimous: Nothing-Absolutely Nothing!

A stakeholder said: “MTN gained nothing by its ill-advised action of taking the NCC to court over the fine.

The case was absolutely unwinnable for MTN. Unfortunately, the management of MTN allowed themselves to be cajoled, bamboozled and fleeced by self-serving lawyers who were more interested in milking MTN for their private pocket than taking them to the Promised Land.

At the end, MTN literally went on their knees begging for out-of-court settlement, which l consider humiliating and embarrassing for a big industry brand like MTN.”

A senior executive in another telecom operator told Business Journal: “The court action by MTN was a foolish act. MTN was simply going to war against its own regulator-it was simply untenable.

Thank God they realised their foolishness on time and beat a retreat. As a fellow operator, l would appeal to the NCC to pardon them and find a way to settle the matter amicably for industry stability and growth.”

The Way Forward
The way forward is peaceful settlement of the issue and return to stable relationship between the two [NCC and MTN].

If the NCC reduced the fine from N1.O4 trillion to N78O billion without court action, we believe they can also reduce it further through negotiation and mutual co-operation.

The legal action was not in the best interest of MTN Nigeria, NCC or the telecom industry.

Accordingly, the out-of-court settlement sought by MTN is the best option and will pave the way for friendly and fruitful settlement of the matter.

Hot this week

Unitrust Insurance Delivers 27.8% Premium Growth in Q1 2026, Boosts Claims Payout by 77.3% to Strengthen Customer Confidence

Unitrust Insurance Company Limited has announced an impressive financial...

Mutual Benefits Highlights Power of Structured Financial Planning as Nigerians Struggle to Save

A growing number of Nigerians are struggling to build...

APC Chairman: Party is Nigeria’s Only Tested Vehicle for Stability, Progress, National Renewal

The National Chairman of the All Progressives Congress (APC),...

RHUCE Taps into Africa’s $3b Creator Economy with New Monetisation Platform 

RHUCE, a new social platform designed for African creatives,...

FG Tasks PenCom on N28tn Pension Assets at Board Inauguration

The Federal Government has inaugurated the Governing Board of...

Topics

Unity Bank Empowers Young Entrepreneurs with ₦16m Business Grant

No fewer than 30 young entrepreneurs have been awarded...

Jumeirah Zabeel Resort Delights Customers with Special Offers

As part of its 5th anniversary celebration since its...

GOCOP to Host Luncheon with Media Specialists, Advertisers, Others Oct 5

As a prelude to her annual conference on October...

African Insurance Market Reports $69bn Premium, Low Penetration

The African Insurance Organisation (AIO) has launched its first...

Guild of Editors Condemns Nigerian Press Council Bill

The Standing Committee discussed the state of the nation...

‘Govt Must Improve Farm Access, Security to Combat Malnutrition’

Mr. Remmy Nweke, National Co-ordinator, Media Centre Against Child...

Former MTN CEO, Ahmad Farroukh, in 6-Year Unrelenting Quest for Justice

Telecommunications giant, MTN is currently embroiled in a protracted...

Leadway Group Launches ‘Lead Forward’ Initiative to Deepen Financial Literacy Among NYSC Corps Members 

Leadway Group, Nigeria's non-banking financial services group, has unveiled...
Exit mobile version