
MTN Nigeria Posts ₦400.44B Loss in 2024, Citing FX Woes
By Ayomiide Otitoju MTN Nigeria has reported a N400.44 billion loss after tax for the 2024 financial year, citing naira devaluation and foreign exchange losses as key factors affecting its earnings. The loss, disclosed in its audited financial statements released Thursday, marks a 192% increase from the N137.02 billion loss recorded in 2023. With over…