MTN Nigeria’s growth engine stalled in second quarter
MTN Nigeria Communications CEO Karl Toriola MTN Nigeria’s half-year results can be read two ways, and the company would much prefer the first one. That version is a triumph: ervice revenue up 25.9% to ₦3-trillion (around R35-billion at the naira’s end-June rate); earnings before interest, tax, depreciation and amortisation up 39.2%, with the margin widening…
