More worries for MTN Nigeria, despite 42.5% impressive Q1 2021 Financial
MTN Nigeria Communications Plc reported an impressive 42.5% increase in its Q1 2021 profit after tax, it still had a few issues to worry about. Said worries stemmed from the dramatic declines in the telcoâs mobile subscribers and active data users, as you shall see shortly. An Overview of MTN Nigeriaâs Q1 2021 Financials Chief Executive Officer, Karl Toriola, wasnât wrong when he commented on the companyâs Q1 financial performance saying: âWe made good progress in the first quarter of 2021 despite the continued impact of the COVID-19 pandemic.â This is because to...