Telco giant MTN Nigeria Communications Plc (MTNN) posted revenue in excess of $2.9 billion (N1.2 trillion) for the period from January to September on the back of Nigerians’ fast-increasing demand for data, according to the unaudited financial statement of the company issued Thursday
That implies MTNN has reached a milestone that makes it the first ever public company in Nigeria to record a revenue that high for a nine-month period putting it on track to surpass this year its full-year sales figure for 2020 when it reported N1.3 trillion.
Data is having its moment in Nigeria on account of the country’s large, vibrant and digital-savvy youthful population and an explosion of fintech services targeting that social category…
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