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MTN to cut costs and hike prices at Nigeria unit after naira hit

MTN to cut costs and hike prices at Nigeria unit after naira hit

MTN Group’s Nigerian division is strategizing to restore profitability and reinforce its financial position by implementing measures to manage costs and tariffs. This response comes in the wake of Africa’s largest telecommunications operator reporting a significant decline in annual profit. The sharp devaluation of the Nigerian naira was a primary factor contributing to the group’s […]