MTN Nigeria revenue hit ₦2.46trn in FY’23

MTN Nigeria posted 2.46 trillion naira as revenue for the full year 2023. However, the company recorded a loss after tax of 137 billion naira driven by net forex losses. In light of the ongoing volatility in particularly the naira exchange rate, MTN Nigeria says it has suspended its medium-term guidance for EBITDA margins. Modupe Kadri, Chief Financial Officer at MTN Nigeria joins CNBC Africa to discuss the 2023 performance and growth prospects for this year.
Tue, 05 Mar 2024 14:03:10 GMT