None
EN
For every ₦1 MTN Nigeria earns, only 24 kobo becomes profit – Modupe Kadri
[]
Technext
MTN Nigeria’s Chief Financial Officer, Modupe Kadri, has revealed that about 76% of MTN Nigeria’s revenue flows back into the Nigerian economy, including to its shareholders.
MTN Nigeria Chief Financial Officer, Modupe Kadri, during the Y’ello Verse Catch Up with MIP Alumni and Journalists in Lagos on Thursday, August 6, 2026.
As of H1 2026, MTN Nigeria has a 346,000-shareholder base.
MTN Y’ello VerseAlso Read: MTN Nigeria burns 1.5 million litres of diesel, suffers 450 vandal attacks daily.
MTN Nigeria’s H1 2026 financial performance showed how data revenue is a leading source of income, driven by Nigeria’s growing internet landscape.