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MTN Nigeria Posts ₦707 Billion H1 Profit, Up 70% on Data Surge
Unverified — auto-generated summary, not yet reviewedMobile, Telecom & ConnectivityNigeriaJul 31, 2026
MTN Nigeria has reported a ₦707 billion first-half profit for 2026, a 70 percent year-on-year increase driven by a surge in data revenue. The result is described as a landmark signal of Nigeria's digital economy recovery.
MTN Nigeria: data is now the business, not a line in it
Data revenue hit ₦1.70 trillion — more than half of MTN Nigeria's total service revenue — and grew at 38.4%, outpacing everything else the company does.
That's not a product mix shift. That's a structural one. Voice and SMS built this company; data now runs it.
With 55.7 million data subscribers and 4.7 million added in six months, the floor is rising. For every startup in Nigeria that depends on customers being connected and online, that subscriber growth is infrastructure news as much as it is a telecom earnings story.
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- MTN Nigeria posts ₦707 billion profit in H1 2026, up 70% as data revenue surges · technext24.com · T2