In a significant move to bolster its service capabilities, MTN Nigeria announced a monumental investment of N1 trillion aimed at upgrading and expanding its fiber network infrastructure across the country. This investment comes as the telecom giant has returned to profitability, marking a substantial recovery after a challenging financial year in 2024, characterized by foreign exchange challenges and increased negative equity. The decision to pour resources into network enhancement reflects the company's commitment to improving connectivity and service delivery to its millions of customers throughout Nigeria.

The N1 trillion capital expenditure in 2025 represents more than double the investment for the previous year and aligns with MTN Nigeria's strategic goals amidst fluctuating market conditions. The company's recent financial results for the year ending December 31, 2025, show a profit after tax of N1.1 trillion, indicating a robust recovery from the previous year's struggle, during which MTN was forced to suspend dividend payments due to balance sheet issues. This recovery underscores the effectiveness of its long-term infrastructure strategy led by CEO Dr. Karl Toriola.

According to Toriola, 2025 was pivotal for MTN Nigeria, as the significant investment aims not only to enhance the quality and reach of the telecom services but also reflects a renewed emphasis on sustainable growth and customer satisfaction. With plans for additional base stations and deeper fiber rollouts, MTN is positioning itself to maintain its market leadership and better serve the evolving needs of its users, which is crucial in a technology-driven market like Nigeria's where demand for data and connectivity continues to soar.