MTN Nigeria has reaffirmed its position as a major driver of the country’s non-oil economy, reporting a service revenue of N5.2 trillion in its 2025 audited financial results.
The company said its financial performance is closely linked to national development. It noted that as one of Nigeria’s largest corporate taxpayers, its profitability supports Federal Government infrastructure and social welfare programmes.
According to a statement released by the telecom operator, the 2025 financial year marked a period of recovery and resilience.
The Chief Executive Officer, Dr Karl Toriola, described the year as a turning point for the company.
“2025 marked a significant turning point with a return to profitability and a resilient balance sheet, which ultimately supported accelerated network investment to enhance quality of service and user experience,” he said.
MTN disclosed that it invested N1 trillion in capital expenditure (CAPEX) in 2025 to expand its network capacity across the country.
The company said the massive investment reflects its commitment to economic growth. It added that retained earnings were reinvested into building base stations, expanding fibre optic infrastructure and creating thousands of local jobs.
Management also said its ability to fund large-scale capital projects despite economic challenges shows that supportive government policies are yielding results.
MTN commended the government’s reform efforts, noting that its primary goal remains connecting millions of Nigerians through reliable digital infrastructure.
The company further highlighted its status as one of the most valuable firms on the Nigerian Exchange Limited, saying it is leveraging this position to promote local wealth creation.
With millions of direct and indirect Nigerian investors, MTN encouraged young Nigerians to invest in the country’s digital future by purchasing its shares. It assured shareholders that its robust CAPEX strategy would continue to deliver attractive long-term returns.
