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EN
MTN Nigeria’s fintech revenue slumps after airtime lending pause
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TechCabal
Fintech revenue fell 72.4% year-on-year to ₦12.99 billion ($9.50 million) in the second quarter of 2026.
The results underscore how dependent MTN Nigeria’s fintech business has become on its airtime and data credit service.
MTN Nigeria also said it is progressing with the structural separation of its fintech business following shareholder approval, although the transaction remains subject to regulatory approvals.
“We also continue to progress the structural separation of the fintech business following shareholder approval, subject to regulatory approvals.
Outside fintech, MTN delivered one of its strongest half-year performances on record.