MTN Nigeria has reaffirmed its role as a key driver of the non-oil economy, reporting a service revenue of N5.2tn in its 2025 audited financial results.
Beyond the strong top-line growth, the company highlighted that its financial performance is closely linked to national development, standing as one of Nigeria’s largest corporate taxpayers and ensuring its profits contribute to the Federal Government’s infrastructure and social welfare programmes.
According to a statement from the firm, the 2025 financial year was a remarkable period of recovery and resilience.
The Chief Executive Officer, Dr Karl Toriola, noted that 2025 marked a major turning point, with a return to profitability and a robust balance sheet, which supported “accelerated network investment to enhance quality of service and user experience.”
To reinforce its commitment, MTN revealed that it invested N1tn in capital expenditure in 2025 for network expansion. This substantial CAPEX demonstrates its economic patriotism, with billions of retained earnings reinvested into building base stations, laying fibre optics, and creating thousands of local jobs.
The company’s leadership further emphasized that its ability to fund such CAPEX obligations while navigating economic challenges shows that government policies are effective.
MTN praised the government for its progressive policies, stressing that its main priority remains keeping millions of Nigerians connected. This capital-intensive approach demonstrates that companies can return to profitability, thrive, and build essential infrastructure in Nigeria.
As the most valuable company on the Nigerian Exchange, MTN is using its position to promote local wealth creation.
With millions of direct and indirect Nigerian investors, the company has encouraged young Nigerians to invest in the country’s digital future by buying its shares, promising that strong CAPEX strategies will continue to deliver attractive long-term shareholder returns.