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MTN’s N4.1bn Q3 profit drowned by negative nine-month results

MTN Nigeria has reported a profit after tax of N4.1bn for the third quarter ended September 2024, marking a slight improvement amid ongoing financial challenges. However, despite this profit in Q3, the overall financial results for the nine-month period (three quarters) revealed a significant loss after tax of N514.9bn, primarily driven by substantial foreign exchange

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