Update 2 of 3

MTN Nigeria Revenue Growth Recovers, Signalling Renewed Momentum

Unverified — auto-generated summary, not yet reviewedMobile, Telecom & ConnectivityNigeriaNov 3, 2026

New analysis describes MTN Nigeria's overall revenue growth trajectory as recovering and signalling renewed momentum in Africa's largest telecom market, even as the company's fintech segment continues to underperform. The assessment draws on the operator's nine-month results showing ₦4.7 trillion in revenue and a 59.4 percent rise in pre-tax profit.

1 source

MTN Nigeria’s growth engine restarts · techcentral.co.za · T2

Story timeline · 3 entries

Nov 3, 2026✦ Take
MTN Nigeria MoMo Migration Underway
MTN Nigeria confirms MoMo platform migration as the structural monetisation gap behind the 26% fintech revenue decline receives further coverage
Nov 3, 2026This story
MTN Nigeria Revenue Rebounds
Separate analysis frames MTN Nigeria's broader revenue recovery as a renewed growth signal for Africa's largest telecom market
Nov 1, 2026✦ Take
MTN Nigeria Fintech Revenue Slump
MTN Nigeria's fintech revenue declined 25.9 percent over the first nine months of 2026 even as its MoMo mobile money platform recorded 102 percent transaction growth, pointing to a structural monetisation gap at Africa's largest telco. The company separately reported ₦4.7 trillion in nine-month revenue and a ₦1.80 trillion pre-tax profit, up 59.4 percent, underscoring the scale of its broader telecoms business against which the fintech underperformance stands out.