Airtel Nigeria Faces 40 Percent Revenue Dip amid Naira Devaluation
[Nigeria Communications Week - Nigeria] - 21/02/2025
Airtel Nigeria’s revenue fell by 40.34% in 2024, reaching $738 million, down from $1.24 billion the previous year. This sharp drop is mainly due to the steep devaluation of the Nigerian naira. Although the company saw a 3.2% increase in its customer base, which grew to 52.1 million subscribers, (…)
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