MTN operates mobile money in countries like Ghana, Benin and Uganda. It is counting on its success in these markets in order to offer financial services in Nigeria.
MTN Nigeria posted service revenues of of ₦1.3 Trillion ($3 billion) for 2020, painting a picture of a company at the height of sector dominance
If there were ever any doubts about MTN Nigeria being Nigeria’s telecoms juggernaut, its 2020 financial report, with a profit before tax of ₦298 billion, clears that doubt. It consolidates MTN’s place as Nigeria’s biggest telecoms player as the company added 12.2 million subscribers.
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