MTN Nigeria hits file ₦5.2 trillion income in 2025

MTN Nigeria, the nation’s largest telecom operator, generated extra income in 2025 reported ₦5.20 trillion ($3.82 billion) in income for the 12 months, in accordance with its full-year monetary outcomes. That is the very best ever recorded in Nigeria’s telecom sector, up from ₦3.36 trillion ($2.47 billion) in 2024.

Backed by a 51.87% share of Nigeria’s 179.41 million energetic cellular subscriptions, MTN’s income almost matched the whole telecommunications business’s ₦5.30 trillion ($3.89 billion) income in 2023, in accordance with information from the Nigerian Communications Fee (NCC).

The corporate additionally restored constructive retained earnings and shareholders’ fairness and has proposed a remaining dividend of ₦15 ($0.011) per share, after asserting an interim dividend of ₦5 ($0.004) in September 2025, bringing the overall dividend for the 12 months to ₦20 ($0.015). 

“2025 marked a big turning level in our enterprise efficiency and resumption of dividend funds,” Karl Toriola, MTN Nigeria chief govt officer, stated. “Within the interval, we returned to profitability, generated stronger free money circulate, and restored constructive retained earnings and shareholders’ funds.”

MTN’s efficiency marks a pointy turnaround after years of financial stress that pushed telecom operators into losses, as foreign money devaluation eroded dollar-denominated earnings and decreased common income per person (ARPU) from $3.08 in 2023 to $1.89 in 2024.

Improved macroeconomic situations in 2025, together with a extra secure naira and regulatory approval for market-reflective pricing, helped unlock income development for operators within the business. Airtel Africa’s income grew 28.3% in reported foreign money to $4.67 billion in the course of the interval, with Nigeria main efficiency via a 50.6% growth in constant-currency income.

For MTN, income development of 54.93% translated right into a revenue after tax of ₦1.11 trillion ($816.29 million), reversing the ₦400.44 billion ($294.48 million) loss recorded a 12 months earlier.

Knowledge demand drives development

After greater than a decade of lobbying for cost-reflective pricing amid rising working prices, telecom operators secured regulatory approval for tariff will increase on January 20, 2025.

Since then, the common value of 1GB of information has doubled to about ₦575 ($0.42), up from ₦287.5 ($0.21). The rise coincided with surging web utilization throughout Nigeria, pushed by streaming, distant work, fintech adoption, and social media consumption.

Nigeria’s annual information consumption rose 35.7% to 13.25 million terabytes in 2025, pushing common month-to-month utilization per subscriber to 89.42GB, in contrast with 70.09GB from the earlier 12 months.

Knowledge has now grow to be MTN’s single largest income driver, contributing 53.39% of complete earnings and rising 74.58% year-on-year. Voice income additionally expanded by 49.54%, exhibiting continued resilience regardless of the shift towards internet-based communication. Fintech income is up 79.68%. 

Since launching operations in Nigeria in 2001, MTN has developed from a cellular operator right into a crucial piece of nationwide digital infrastructure and is now one of many nation’s most worthwhile firms.