Tag Archives: How MTN Nigeria’s N177.8bn Loss Allegedly Erases Shareholders’ Funds#

How MTN Nigeria’s N177.8bn Loss Allegedly Erases Shareholders’ Funds

…Alleged CBN’s Abolition Of Segmented/Parallel Structure As Primary Driver Of Losses LAGOS, NIGERIA – The financial woes of MTN Nigeria have deepened with a reported loss before tax of N177.8 billion, a stark contrast to the pre-tax profit of N518.8 billion recorded a year earlier. The telecommunications giant attributed this …

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