MTN Nigeria posts N5.2tn revenue, boosts economy
MTN Nigeria reported a service revenue of N5.2 trillion for the 2025 fiscal year, highlighting its role in supporting national economic development through substantial investments and tax contributions.
MTN Nigeria has emerged as a significant player in the country's non-oil economy, announcing a service revenue of N5.2 trillion in its 2025 audited financial results. The company has emphasized that its financial growth is not only about profits but is also crucial for national development. MTN is a major corporate taxpayer in Nigeria, which translates its profitability into meaningful contributions towards the Federal Government’s infrastructure and social welfare initiatives.
According to Dr. Karl Toriola, the Chief Executive Officer of MTN Nigeria, the 2025 financial year was a notable turning point for the organization, marked by a return to profitability and a resilient financial stance. This recovery has allowed MTN to enhance its investment in its network, resulting in improved service quality and customer experience. The CEO's remarks suggest that the company's growth trajectory aligns well with the broader economic recovery in Nigeria, indicating a reinvigoration in the telecom sector post-pandemic.
MTN has further demonstrated its commitment to the Nigerian market by investing N1 trillion in capital expenditures during 2025. This level of investment is aimed at upgrading infrastructure and expanding network services, which are expected to bolster the economy by creating jobs and enhancing accessibility in technology. These efforts highlight how MTN’s business operations not only serve its commercial interests but also play a vital role in the socio-economic landscape of Nigeria.