MTN Nigeria has reaffirmed its position as a key driver of the country’s non-oil economy, reporting a service revenue of N5.2 trillion in its 2025 audited financial results.
The company emphasised that its financial performance is closely tied to national development, noting its status as one of Nigeria’s largest corporate taxpayers and highlighting how its profitability supports Federal Government infrastructure and social welfare programmes.
Chief Executive Officer, Dr Karl Toriola, described 2025 as a year of recovery and resilience, marking a return to profitability and a strong balance sheet that enabled accelerated network investments to improve service quality and user experience.
In line with its commitment, MTN invested N1 trillion in capital expenditure in 2025, focusing on network expansion, building base stations, laying fibre optics, and creating thousands of jobs across the country. The firm noted that its ability to fund these CAPEX obligations amid economic challenges demonstrates the effectiveness of government policies and underscores its dedication to keeping Nigerians connected.
MTN further leveraged its position as the most valuable company on the Nigerian Exchange to promote local wealth creation, encouraging millions of direct and indirect Nigerian investors—particularly young people—to invest in its shares and participate in the country’s digital economy. The company affirmed that its capital-intensive strategies will continue to deliver long-term shareholder returns while strengthening Nigeria’s digital infrastructure.
