Weak naira impacts MTN Group revenue by 18%

NIGERIA's weak naira has impacted MTN Group’s service revenue, which triggered a 18.5 per cent fall to 127.37 billion rands in the first nine months of 2024 from 156.29 billion rands in the corresponding period of 2023. MTN's Group President and Chief Executive Officer, Ralph Mupita, noted that the naira's depreciation had a material impact [...]The post Weak naira impacts MTN Group revenue by 18% appeared first on The Guardian Nigeria News - Nigeria and World News.

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