MTN’s $120 Million Investment To Expand 5G Coverage Across Nigeria – CFO

MTN Nigeria Faces N740 Billion Forex Losses

MTN has invested over $120 million in expanding 5G coverage in Nigeria – CFO.    In an exclusive interview with Nairametrics, Mr. Modupe Kadri, the Chief Financial Officer of MTN Nigeria, revealed that the telecommunications giant has made significant strides in expanding 5G coverage in Nigeria. Over the past two years, MTN has invested more … Read more

MTN Nigeria Faces N740 Billion Forex Losses, Shareholders Funds Wiped Out

MTN Nigeria Faces N740 Billion Forex Losses

MTN Nigeria Faces N740 Billion Forex Losses, Shareholder Funds Impacted.   In a significant financial downturn, MTN Nigeria Plc has recorded a loss before tax of N177.8 billion, a stark contrast to the N518.8 billion pre-tax profit reported a year prior. This downturn has led to a depletion of shareholders’ funds. The primary culprit behind … Read more