

MTN Nigeria reports ₦5.2trn in service revenue for FY 2025
MTN Nigeria Communications Plc has released its audited financial results for the year ended December 31, 2025, reporting a service revenue of N5.2 trillion (over 3.8 billion dollars) and underscoring its pivotal contribution to Nigeria’s non-oil sector growth.
The telecom giant highlighted that its strong performance is closely linked to national development priorities. As one of the country’s largest corporate taxpayers, MTN ensures its profitability directly supports federal infrastructure projects and social welfare initiatives.
Describing 2025 as a “remarkable period of recovery and resilience,” the company achieved a significant turnaround, returning to profitability with a resilient balance sheet. Chief Executive Officer Dr. Karl Toriola emphasized that this milestone enabled accelerated network investments to improve service quality and user experience.
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To demonstrate its commitment, MTN deployed N1 trillion in capital expenditure (CAPEX) during the year. This substantial investment focused on expanding base stations, laying fibre optics, and generating thousands of local jobs—reflecting what the company termed “economic patriotism” by reinvesting retained earnings into critical national infrastructure.
MTN’s leadership credited the ability to fund aggressive CAPEX amid economic challenges to progressive government policies, which have created a supportive environment for sustained operations and growth. The company praised these policies while reaffirming its core mission: keeping millions of Nigerians connected through reliable digital services.
As the most valuable company listed on the Nigerian Exchange, MTN continues to promote local wealth creation. With millions of direct and indirect Nigerian investors, the firm encourages young Nigerians to invest in the country’s digital future by purchasing its shares, promising attractive long-term returns driven by ongoing robust CAPEX strategies.

















