MTN Nigeria’s profit surges as data use rises

Subscriber base grew 10.5% to 64.3-million, with profit before tax jumping 31.1%

A man passes an MTN board in Lagos, Nigeria. MTN’s Nigerian business accounts for about a third of the group’s total profit. Picture: AFP PHOTO/PIUS UTOMI EKPEI

The mobile subscriber base of MTN’s Nigerian business, which accounts for about a third of the group’s total profit, grew 10.5% to 64.3-million, with profit before tax jumping 31.1% to 290.1-billion naira .

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