MTN Nigeria earns more but keeps less cash
TechCabal's headline. Reported by TechCabal.
What TechCabal reported
MTN Nigeria’s profit after tax rose 55.3% to ₦1.17 trillion in the first nine months of 2026, but its cash reserves fell nearly 40% as dividends, network investments and debt repayments absorbed cash. The results highlight the growing tension between rewarding shareholders, funding expansion and pre
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MTN Nigeria earns more but keeps less cash. MTN Nigeria’s profit after tax rose 55.3% to ₦1.17 trillion in the first nine months of 2026, but its cash reserves fell nearly 40% as dividends, network investments and debt repayments absorbed cash. The results highlight the growing tension between rewarding shareholders, funding expansion and pre Covered by 1 publications. TechCabal: MTN Nigeria earns more but keeps less cash.
Who is covering it
- TechCabal Nigeria MTN Nigeria earns more but keeps less cash MTN Nigeria’s profit after tax rose 55.3% to ₦1.17 trillion in the first nine months of 2026, but its cash reserves fell nearly 40% as dividends, network investments and debt repayments absorbed cash. The results highlight the growing tension between rewarding shareholders, funding expansion and pre 12 h ago · Tier 2
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