MTN Nigeria's profits plunged in Q2 and Q3 2023, contrasting with prior strong performances

In Q2 2023, MTN Nigeria made 71% less profit than it did in Q1 2023, with PBT dropping from ₦156b to ₦45b. It then declined further by 28% to ₦32 billion in Q3. Here are the telco's profits before tax since Q1 2019.

Source:

MTN

Period:

Q1 2019 - Q3 2023
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