Browsing: MTN

The foremost indigenous cement manufacturer came first among top 100 elite companies listed on the Nigeria Exchange (NGX) posting into the coffer of the federal government a princely sum of N97.24billion in the year, while MTN Communication Nigeria Plc paid N93.6billion and Guaranty Trust Bank came third with an income tax of N36.66billion.

According to the NCC statistics, the other major operators, MTN and Airtel, recorded losses during the period under review. While MTN’s subscriber base shrank from 73,571,192 in June to 73,123,732 in July (a loss of 447,460 customers), Airtel lost a total of 364,486 subscribers as its figure fell from 50,665,723 to 50,301,237.