MTN revenue decline by 20% in H1 2024 — due to devaluation of naira
MTN Group says its revenue declined by 20.8 percent to 85.3 billion rands in the first half (H1) of 2024 — down from 107.7 billion rands in H1 2023. In a statement on Monday, the telco giant said the drop in revenue was due to the devaluation of the naira as well as the ongoing…