Joy is coming for MTN shareholders
MTN Nigeria incurred negative shareholder equity of ₦324.6 billion, stalling dividend payments. The company reported net forex losses of ₦740.4 billion in 2023 and ₦925.4 billion in 2024.
MTN Nigeria returns to the black with ₦133.7 billion Q1 profit, first since 2023
MTN Nigeria returned to profitability with a profit of ₦133.7 billion in Q1 2025. The telecom firm added 3.2 million new subscribers, bringing the total to 84 million.
MTN Nigeria 2024 losses widen to ₦400 billion in two years
MTN Nigeria reported a ₦400.44 billion loss after tax for the full year of 2024. The company experienced a 70% currency plunge following President Bola Ahmed Tinubu’s election.
