MTN Nigeria Reports Record Revenue of ₦5.2 Trillion Amid Turnaround and Tech Growth

MTN Nigeria, one of the country’s leading telecom operators, has reported a landmark ₦5.2 trillion in service revenue for its 2025 financial year, marking a strong recovery and a major financial milestone for the business.

Company executives described the period as a turnaround year, with improved profitability and resilience across its operations. The strong performance was underpinned by increased demand for data services, tighter cost controls, and more stable foreign exchange conditions — factors that helped the firm swing back into the black after losses in the previous year.

Data now accounts for a significant chunk of MTN Nigeria’s total revenue, reflecting the country’s growing appetite for internet connectivity and digital services, while fintech and voice services also contributed to the improved top line.

This financial strength has enabled MTN Nigeria to boost capital investment in network expansion, broaden its infrastructure footprint, and create jobs, reinforcing its role as a key contributor to Nigeria’s non‑oil economy.

Leadership at MTN Nigeria highlighted that the results demonstrate the positive impact of market reforms and strategic pricing on its performance. The company also continues to push for local shareholder participation, promoting investment in Nigeria’s tech future through its listing on the Nigerian Exchange.

Overall, the robust revenue growth points to a resilient business model driven by digital demand and solid execution in a challenging economic environment.