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MTN Nigeria is making more money but earning less from each customer

MTN Nigeria is making more money than ever. But its average customer is contributing less to that growth. The telecom operator increased service revenue by 25.9% in the first half of 2026 to ₦2.99 trillion ($2.25 billion), and its subscriber base grew 8.9% to 92.2 million, according to its financial results for H1…

TechCabalBy Temitayo Jaiyeola
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MTN Nigeria is making more money but earning less from each customer
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by TechCabal.

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Original headline: “MTN Nigeria is making more money but earning less from each customer

  • Analysis
  • ARPU
  • MTN
  • Nigeria