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Thu Apr 17 2025 17:46:44 GMT+0000 (Coordinated Universal Time)

MTN has reported a loss before tax of N177.8 billion compared to a pre-tax profit of N518.8 billion a year earlier

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Published (Updated) on Saturday, March 2, 2024

NIGERIA — MTN Nigeria Plc has reported a loss before tax of N177.8 billion compared to a pre-tax profit of N518.8 billion a year earlier. The losses resulted in a wipe-out of shareholders’ funds. The company attributed the losses to a massive foreign currency loss of N740 billion up from N81 billion reported in 2022... nairametrics.com

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