MTN Group reported on Tuesday that it is likely to report an annual profit of about $955 million from its Nigerian operations.
MTN is currently in a legal tussle with the Nigerian Government over fines imposed on it for Sim Card registration failures.
According to Reuters, MTN makes about 37% of its revenue from Nigeria, and its shares were up 0.8% at 121.50 rand by 1006 GMT, lagging a 1.4 percent rise in the JSE Top-40 index .
