Business
MTN Pays Over N549bn Taxes, Levies To FG

A Telecom service provider, MTN Nigeria Communications Plc, has announced that it contributed N549.3bn in taxes and levies to the Federal Government.
In a release it disclosed its 2023 Sustainability Report, the company said it expanded its connectivity to 79.7 million people, achieving 92.9 per cent nationwide coverage.
“We are proud of the progress we have made so far, expanding connectivity to 79.7 million people, achieving 92.9 per cent nationwide coverage, and investing N2.6bn in corporate social investment programs that have impacted over 58,000 lives through the MTN Foundation.
“We also contributed N549.3bn in taxes and levies to the government and invested over N571.0bn in capex, up 13.2 per cent in 2023″, the telecom giant stated.
MTN Nigeria’s capital expenditure reached N571.0bn in 2023, reflecting a 13.2 per cent increase from the previous year.
It was noted that the investment was directed towards enhancing infrastructure and service delivery, reinforcing MTN’s commitment to improving customer experience and expanding digital solutions across Nigeria.
The Chief Executive Officer of MTN Nigeria, Karl Toriola, expressed pride in the company’s progress and reaffirmed its commitment to sustainability.
He also reaffirmed that MTN remains steadfast in its pursuit of excellence and is committed to continuously improving sustainability practices, while striving for an even greater impact in the communities they serve.
Corlins Walter
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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