The year 2025 proved transformative for MTN Nigeria, delivering a return to profitability and renewed momentum in its long-term growth strategy. Under the leadership of Dr. Karl Olutokun Toriola, the company strengthened its financial foundations while accelerating investments designed to meet Nigeria’s rising demand for reliable digital connectivity.
Subscriber numbers expanded to 87.3 million, reflecting a 7.9 percent year-on-year increase, while active data users reached 53.2 million. Data traffic grew by 34 percent during the period, highlighting the accelerating role of digital services in commerce, education and everyday communication. These trends underscore the importance of continuous investment in network capacity and technological resilience to support a rapidly evolving digital economy.
YOU CAN ALSO READ: NESG, First Bank Chart New Frontiers for Competitiveness, Economic Resilience
To sustain this momentum, MTN committed ₦1 trillion to network expansion and modernisation, more than double the capital expenditure of the previous year. The investment enabled the rollout of additional base stations, deeper fibre infrastructure and enhanced network reliability across the country. Such strategic capital deployment reflects the company’s long-term vision of strengthening digital infrastructure as a foundation for economic progress.
Shareholders will benefit from a final dividend of ₦15 per share, bringing the total dividend for the 2025 financial year to ₦20 per share. The board’s decision balances rewarding investors with preserving financial stability and continued reinvestment in the business.
MTN’s leadership emphasised that profitability serves a broader purpose, facilitating sustained improvements in network quality and customer experience. As Nigeria’s digital ecosystem expands across fintech, small business operations and public services, resilient telecommunications infrastructure remains critical to national development and economic competitiveness.
YOU CAN ALSO READ: KPMG appoints Tola Adeyemi as CEO One Africa and expands governance with new Africa Governance Council members
The company reaffirmed its commitment to transparency, regulatory compliance and disciplined investment strategies that prioritise customer value while strengthening Nigeria’s position in the global digital economy. This strategic direction reflects MTN’s enduring role in shaping the country’s connectivity landscape and supporting inclusive growth.
