Political capital goes a long way in business, even in tech
Since 2020 MTN Nigeria has overtaken MTN South Africa as the largest subsidiary by revenue. With the acquisition of a mobile money and banking license, MTN Nigeria has become the most important subsidiary.
Following that first voice call in 2001, MTN Nigeria has gone on to launch its services in Abuja, Lagos, and Port Harcourt. The company owned by South Africa’s MTN Group has gone on to become a very important corporate in the West Afrikan country and one of the largest companies in Nigeria. The company has been, for several years, a contentious one, between South Africa and Nigeria, escalating all the way up to the highest political offices of each country.
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