MTN Nigeria posts ₦414 billion profit in H1’25 on increased data growth, stable FX
Bendada.com - Jul 31, 2025
MTN Nigeria achieved a half-year profit of ₦414 billion in 2025. The company's revenue grew 54.5% to ₦2.3 trillion in the first half of 2025.
MTN Nigeria returns to the black with ₦133.7 billion Q1 profit, first since 2023
Bendada.com - Apr 30, 2025
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
Bendada.com - Feb 28, 2025
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
TechCabal - Nov 05, 2024
MTN Nigeria applied for PSSP and PTSP licenses for MoMo PSB. PSSP license allows MoMo PSB to offer payment processing gateways.