MTN posts N359bn profit in 2022, highest in 5 years

Karl Olutokun Toriola, Chief Executive Officer, MTN Nigeria

MTN Nigeria has reported its highest profit after tax deductions in five years amounting to N359 billion in 2022, a 20.2 percent increase from N299 billion in 2021, on the back of accelerated network investment and enabled growth across all revenue lines. Its total revenue grew to N2.01 trillion

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