MTN Nigeria Communications PLC reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was NGN 752,983 million compared to NGN 568,136 million a year ago. Net loss was NGN 390,668 million compared to net income of NGN 107,621 million a year ago.

Basic loss per share from continuing operations was NGN 18.63 compared to basic earnings per share from continuing operations of NGN 5.13 a year ago. Diluted loss per share from continuing operations was NGN 18.63 compared to diluted earnings per share from continuing operations of NGN 5.13 a year ago.