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.
Lending product drives MTN Nigeria's fintech revenue growth in H1 2024
MTN Nigeria reported a 2.9% increase in total subscribers, reaching 79.4 million. The telco's fintech business saw 11% revenue growth primarily due to its airtime lending product Xtratime and the adoption of its mobile money services, MoMo.
