After N392.6bn Net Loss Induced By High-Interest Rate, Naira Crisis, MTN Push For Tariff Hike

Nigeria’s biggest telecoms provider, MTN Nigeria Plc is battling with the country’s harsh operating environment which has dragged it to a N392.6bn loss after tax between January and March.

The situation has made the company to lobby for regulatory permission to hike its tariff for voice and data in a country where telecom tariffs are regulated. This is contained in the company’s first quarter 2024 financial statement analysed by THE WHISTLER shows.