MTN Nigeria Communications Plc has reported service revenue of N5.2 trillion for the 2025 financial year, underscoring its position as one of the largest contributors to Nigeria’s non-oil economy and a major corporate taxpayer.
In its audited financial results released on February 26, 2026, the company described 2025 as a pivotal year of recovery, resilience, and renewed profitability. Chief Executive Officer Dr Karl Toriola highlighted the achievement of a strong return to profitability and a fortified balance sheet, which enabled accelerated investment in network infrastructure to improve service quality and customer experience.
MTN deployed N1 trillion in capital expenditure during the year, funding extensive network expansion, additional base stations, fibre optic deployment, and related initiatives. This substantial reinvestment generated thousands of direct and indirect local jobs while strengthening nationwide connectivity.
The company emphasised that its financial performance directly supports national development priorities. As one of Nigeria’s foremost corporate taxpayers, MTN channels significant portions of its earnings into government coffers, helping finance infrastructure projects and social welfare programmes. Leadership credited the government’s progressive economic policies for creating an environment that allowed MTN to navigate challenges, restore profitability, and sustain large-scale capital commitments.
“2025 marked a turning point,” Dr Toriola stated. “Our ability to fund aggressive network investment while delivering strong results demonstrates that companies can thrive, invest, and contribute meaningfully to Nigeria’s growth even in difficult conditions.”
MTN also used the occasion to reaffirm its commitment to local wealth creation. As the most valuable company listed on the Nigerian Exchange, it continues to serve as a flagship for investor confidence and a model for how large-scale enterprises can drive economic impact through sustained profitability, tax contributions, and infrastructure development.
The strong 2025 performance positions MTN Nigeria as a cornerstone of the digital economy, connecting millions of users while reinforcing its role in supporting fiscal stability and long-term national progress.
