MTN Nigeria's Profit Jumps 70.6% in H1 2026 as Stronger Naira Eases Cost Pressure

MTN Nigeria's profit rose 70.6% in H1 2026, driven by increased service revenue, subscriber growth, and a stronger naira reducing cost pressure. The company also saw a significant rise in mobile money revenue and maintains a net cash position with plans to sustain growth and profitability.

This Wire brief sits within Fusion42's coverage of Telecom & Connectivity. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.