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Home Economy

MTN Nigeria posts strong N5.2tn revenue surge

Quadri Olaitan by Quadri Olaitan
February 27, 2026
in Economy
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MTN

Modern MTN logo displayed outdoors at a mobile network provider shop with a bright yellow background.

MTN Nigeria revenue surge hits N5.2tn in 2025 results as firm returns to profit and invests N1tn in network expansion

MTN Nigeria on Thursday announced a service revenue of N5.2tn in its audited 2025 financial results, underscoring what the company described as a remarkable recovery and renewed momentum in Africa’s largest economy.

Also read: FAAN, MTN launch free WiFi at Lagos, Abuja airports

Chief Executive Officer, Dr Karl Toriola, said the 2025 financial year marked a decisive turning point for the telecommunications giant, with a return to profitability and a resilient balance sheet that supported accelerated network investment to improve quality of service and user experience.

The MTN Nigeria revenue surge, he noted, reflects both operational discipline and a stabilising macroeconomic environment.

Beyond the top-line growth, MTN Nigeria emphasised that its performance is closely tied to national development.

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The company described itself as one of the country’s largest corporate taxpayers, adding that its profitability directly supports Federal Government spending on infrastructure and social welfare programmes.

In a clear signal of long-term commitment, the firm disclosed that it invested N1tn in capital expenditure in 2025 to expand its network footprint.

The extensive CAPEX deployment funded new base stations, fibre optic rollouts and technology upgrades, initiatives the company said created thousands of jobs and strengthened digital access nationwide.

Dr Toriola said the ability to fund such large-scale investments while navigating economic headwinds demonstrates growing resilience within the private sector.

The company also commended government policies aimed at stabilising the operating environment, suggesting that consistent reforms have helped restore investor confidence.

As the most valuable listed company on the Nigerian Exchange Limited, MTN Nigeria said it is leveraging its market leadership to encourage broader local participation in equity ownership.

The firm noted that millions of Nigerians, directly and indirectly, hold stakes in the company.

The MTN Nigeria revenue surge, the leadership added, strengthens its ambition to drive wealth creation while keeping millions connected to digital services.

Also read: Nigeria to review MTN acquisition of IHS Towers for fair competition

The company encouraged young Nigerians to invest in the country’s digital future, expressing confidence that sustained capital investment will continue to deliver attractive long-term returns to shareholders.

Quadri Olaitan
Quadri Olaitan

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