mtn nigeria financial report

  1. MTN Nigeria Hits N887.6 Billion FX Loss in First Half of 2024 Amid Economic Strain

    Nigeria MTN Nigeria Hits N887.6 Billion FX Loss in First Half of 2024 Amid Economic Strain

    MTN Nigeria reported a staggering N887.6 billion foreign exchange loss for H1 2024, up 95.2% from the previous year. Despite a 32.6% revenue increase, the naira's devaluation and high inflation severely impacted profitability, leading to a significant loss after tax and pressure on operational...
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