MTN Nigeria Communications Plc recorded a N400.4 billion loss after tax in the full year of 2024 despite a 35.9% growth in revenue to N3.3 trillion.
This is according to its audited financial results for the year published on the NGX website.
MTN’s financial performance continues to be impacted by record-high inflation and the naira’s devaluation, exacerbating the businesses’ operational expenses.