Storyline
MTN Nigeria Profit Jumps 70%
Timeline
- Fri, Aug 14LatestUnverified — not yet reviewed
MTN Group Posts 18–23% Underlying EPS Growth Despite Iran Write-Down
MTN Group's underlying earnings per share grew between 18 and 23 percent, with analysts noting the Iran investment write-down masks the operator's stronger core performance. The results provide a fuller picture of Africa's largest telco's financial health following the profit-warning disclosed earlier this week.
- Wed, Aug 12Unverified — not yet reviewed
MTN Warns of Up to 30% Profit Drop as Iran War Triggers Investment Write-Down
MTN has warned investors that group profits could fall by as much as 30 percent following a write-down on its Iran investment linked to the ongoing conflict. The disclosure quantifies the financial damage to Africa's largest telco from geopolitical exposure outside its core continental footprint.
- Wed, Aug 12Unverified — not yet reviewed
MTN South Africa's Voice Revenue Decline Accelerates
MTN South Africa's voice revenue is declining at an accelerating rate, compounding the group-level margin pressure already disclosed by the operator. The trend increases urgency around data monetisation strategies for Africa's largest telco in its home market.
- Tue, Aug 11Unverified — not yet reviewed
MTN Nigeria Hits 90 Million Connections at 25-Year Milestone
MTN Nigeria has reached 90 million subscriber connections as it marks its 25th year of operations, a scale milestone for Africa's largest mobile operator. The figure provides a benchmark against which the operator's margin pressure — reported at 24 kobo per naira of revenue — can be contextualised.
- Sat, Aug 8Unverified — not yet reviewed
MTN Nigeria's Net Margin at 24 Kobo per Naira as Cost and Regulation Squeeze Profitability
MTN Nigeria CFO Modupe Kadri has disclosed that for every naira earned, only 24 kobo converts to profit, quantifying the margin compression the operator faces from energy costs, regulation, and infrastructure expenditure. The figure provides a concrete profitability benchmark for Africa's largest mobile operator.
- Wed, Aug 5Unverified — not yet reviewed
MTN Nigeria's ₦3 Trillion H1 Revenue Masks MoMo's Continued Struggles
MTN Nigeria has reported ₦3 trillion in first-half revenue but its MoMo mobile money arm remains unprofitable, illustrating a scale-versus-profitability tension that has persisted since the airtime lending suspension. The full H1 picture extends the cautionary reading of MTN Nigeria's financial trajectory documented after its Q2 slowdown.
- Sun, Aug 2Unverified — not yet reviewed
MTN Nears 100 Million Nigerian Subscriptions as Total Market Hits 189.4 Million
MTN is approaching 100 million subscriptions in Nigeria, according to new figures, while the country's total mobile subscriber base has reached 189.4 million. The data underscores the scale of Africa's largest mobile market and extends the picture of MTN Nigeria's recovery documented in its H1 2026 earnings.
- Sat, Aug 1Unverified — not yet reviewed
MTN Nigeria Fintech Revenue Slumps After Airtime Lending Suspension
MTN Nigeria's fintech revenue has declined following the suspension of its airtime lending product, exposing the vulnerability of telco-fintech revenue models to single-product shocks. The development adds a cautionary dimension to MTN Nigeria's broader H1 2026 financial performance.
- Sat, Aug 1Unverified — not yet reviewed
MTN Nigeria Growth Engine Stalls in Second Quarter After Tariff Hike
MTN Nigeria's growth momentum stalled in the second quarter, providing a more granular and cautionary reading of the operator's financial trajectory after an initial tariff-driven surge. The slowdown is being tracked as a bellwether for Nigeria's broader telecoms market performance.
- Fri, Jul 31Unverified — not yet reviewed
MTN Nigeria Posts ₦707 Billion H1 Profit, Up 70% on Data Surge
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.