|
Listen now
|
MTN Nigeria is set to build a new office tower in upscale Eko Atlantic City, a new district in Lagos, to serve as its headquarters in the country, according to information seen by MoneyCentral.
MTN which is Nigeria’s largest telecommunications company had earlier announced, its desire to plant deeper and more permanent roots in Nigeria.
“We have initiated plans to commission a purpose-built, state of the art MTN Head Office, designed to act as a central hub for our network, a catalyst for creativity and innovation, and a showcase for the flexible working structures that are driving efficiency gains in this new normal working environment,” MTN said.
Aligned with wider commitment to environmental sustainability, MTN said the head office will meet the highest global environmental standards, demonstrating the role of green technology in our future.
The new office building will be an 18 stories sustainable tower designed to respond to the environment and improve air oxidization in a calm working environment, according to its architects.
Eko Atlantic is an entire new $6 billion coastal city being built on Victoria Island adjacent to Lagos, Nigeria.
The United States (U.S.) announced in 2022 that its new consulate in Lagos will be built in Eko Atlantic City and cost $537 million.
MTN Nigeria posted a surprise slide in profit by 29% to N128.5 billion in the six months period to June 2023, as net foreign exchange losses soared as a result of the recent devaluation of the naira.