Nigeria: MTN Nigeria, 21 Others’ Opex Reached N1.06trn in Q1 On Inflation, Naira Depreciation

[This Day] Following double-digit inflation and depreciation of the naira at both official rate/ parallel markets, MTN Nigeria Communication Plc, Access Holdings Plc and 20 other companies in Nigeria recorded a 19 per cent increase in Operating Expenses (OPEX) in the first quarter of 2022.