MTN Nigeria Swings to N750bn Nine-Month Profit on Higher Revenue, FX Gains
MTN Nigeria Communications reported a profit after tax of N750.19 billion for the first nine months of the year, compared
MTN Nigeria simulated ₦242.60 ▲0.57% Communications reported a profit after tax of N750.19 billion for the first nine months of the year, compared to a loss of N514.93 billion in the same period of 2024.
The country’s largest mobile network operator saw its revenue jump more than 57 percent to N3.73 trillion, according to its latest earnings report.
It posted a foreign exchange gain of N55.58 billion as against a loss of N904.93 billion last year.
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