MTN Nigeria’s full-year revenue hits record N1.7 trillion

MTN Nigeria’s full-year revenue hits record N1.7 trillion

MTN Nigeria Communications Plc (MTNN) has reported turnover in the sum of N1.7 trillion for full-year 2021, a milestone that will help firm up its status as Nigeria’s biggest listed company by revenue.

The Nigerian operation of South African-owned MTN Group attained the new height after the number of its active data users surged by 1.7 million to 34.3 million, helping income from data sales increase by 55.3 per cent to N516 billion.

MTNN cited an extension of its coverage areas for 4G services October through December as the catalyst for the higher…

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