Telecommunications group MTN Nigeria has achieved a 22% increase in service revenue to N469.8-billion during the first quarter of 2022, led by growth in data and supported by voice, fintech and digital services. Earnings before interest, tax, depreciation and amortisation (Ebitda) grew by 25.7% to N257.1-billion, with a 1.5 percentage point Ebitda margin expansion to 54.6% during the three months ended March 31.
