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.
MTN Nigeria to obtain two additional payment licences for MoMo PSB
MTN Nigeria applied for PSSP and PTSP licenses for MoMo PSB. PSSP license allows MoMo PSB to offer payment processing gateways.
