MTN Nigeria reported service revenue of N5.2 trillion for its 2025 financial year, underscoring its role as a major contributor to the country’s non-oil sector. The telecommunications giant also disclosed a capital expenditure (CAPEX) investment of N1 trillion, focused on network expansion and infrastructure development.
The company’s audited results marked a return to profitability and a strengthened balance sheet, which leadership attributed to both operational resilience and supportive government policies. Chief Executive Officer Dr. Karl Toriola stated that the improved financial position enabled accelerated network investment to enhance service quality and customer experience.
The N1 trillion CAPEX outlay was directed toward building new base stations, laying fibre optic cables, and related network projects. MTN highlighted that this investment supports local employment and demonstrates its commitment to Nigeria’s economic development. The company further emphasized its status as one of Nigeria’s largest corporate taxpayers, with its profitability contributing to federal infrastructure and social welfare programmes.
MTN credited a stable policy environment for enabling its significant capital deployment. The firm noted that its ability to fund extensive infrastructure projects amid macroeconomic challenges serves as an indicator of effective regulatory frameworks. Its primary operational focus remains expanding connectivity for millions of Nigerians.
As the most valuable company listed on the Nigerian Exchange, MTN also positioned itself as a vehicle for local wealth creation. With a broad base of direct and indirect Nigerian shareholders, the company encouraged investors to support its long-term growth strategy, linking sustained CAPEX investment to potential shareholder returns.
The financial performance and infrastructure investment signal MTN Nigeria’s intent to solidify its network leadership while aligning its business growth with national digital economy objectives. The company’s 2025 results illustrate a correlation between corporate profitability, sectoral expansion, and contributions to federal revenue.
