MTN posts over N400bn loss, Airtel revenue drops by 40% The Nigerian telecommunications sector is grappling with massive foreign exchange losses, naira devaluation, and rising operational costs, leading to a significant slowdown in growth. Investigations revealed that the sector’s gross domestic product contribution dropped from 10.72% (2021-2022) to 6.25% (2023-2024). Despite revenue surges, telcos are […]

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