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Wire · market

MTN Nigeria profit jumps 70% in H1

31 July 2026 · By · Wire by Fusion42

Published

31 July 2026

Topic

market

◆ Sectors

Telecom & Connectivity

◆ Geography

Nigeria

◆ Source

Read at itweb.africa →

◆ Verified

Fusion42 · 31 July 2026 · Fusion42 review

MTN Nigeria reported a 70.6% increase in profit after tax for H1 2026, driven by strong growth in subscribers, data users, and service revenue despite inflation and global macroeconomic challenges. The company is progressing with the structural separation of its fintech business, pending regulatory approval.

This Wire brief sits within Fusion42's coverage of Telecom & Connectivity, and 3 sources have reported it between 31 Jul 2026 and 4 Aug 2026.

◆ ◆ The Wire takeaway

You face a clearer path to unlock value in fintech through structural separation that regulators will approve soon. This gives you a fresh chance to reshape your telecom business and finance strategy in Nigeria.

◆ Coverage

3 sources · first reported 31 Jul 2026 · latest 4 Aug 2026

◆ Related on Wire

◆ Topics

Telecom & Connectivityprofit-growthsubscriber-growthdata-demandfintech-separationmacro-challenges