MTN Nigeria Communications Plc has reported one of Africa's largest corporate earnings in its audited results for the year ended December 31, 2025.
The telecom giant posted a pre-tax profit of ₦1.70 trillion, reversing a ₦550.3 billion loss in 2024 in a pocket-shattering rebound.
The turnaround was driven by improved foreign exchange conditions, strong service revenue growth, and operational efficiency.
In the fourth quarter alone, pre-tax profit rose 248.8% year-on-year to ₦569.6 billion.
The board proposed a final dividend of ₦15 per share, bringing total dividend for 2025 to ₦20 per share.
Dividends will be paid electronically to shareholders on the register as of April 8, 2026.
Full-year revenue grew 54.9% to ₦5.20 trillion, while profit after tax reached ₦1.11 trillion compared to a ₦400.4 billion loss in 2024.
Earnings per share rose to ₦53.07. Data revenue increased 74.5% to ₦2.78 trillion, with active data users up 11.6% to 53.2 million. Fintech revenue climbed 79.7% to ₦191.3 billion.
CEO Karl Toriola described 2025 as a turning point, noting shareholders’ equity improved to ₦548.7 billion from negative ₦458.0 billion.
MTN Nigeria’s share price closed at ₦760, giving it a market capitalization of about ₦16 trillion, currently the largest on the Nigerian Stock Exchange.
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