MTN Nigeria Communications Plc (NGX: MTNN) a telecommunications provider, has announced its financial result for the year ended December 31, 2025.
The company reported a 377.9% increase in profit after tax (PAT) to N1.1 trillion, reversing the N400.4 billion loss from 2024.
This performance, driven by improved macroeconomic conditions and strategic execution, has restored positive retained earnings and shareholders’ equity.
In a statement released today, MTN Nigeria highlighted key achievements, including a 55.1% surge in service revenue to N5.2 trillion and a 108.9% jump in EBITDA to N2.7 trillion, with margins expanding to 52.7%.
The announcement, made alongside the release of the company’s audited results on 26 February 2026, marks the resumption of dividend payments after the business returned to profitability in 2025
CEO Karl Toriola called 2025 a “significant turning point,” highlighting restored profitability, positive retained earnings (N400.4 billion), and shareholders’ equity (N548.7 billion
“Our balance sheet resilience was driven by the robust performance of the business as well as a focused reduction in foreign currency exposure and financial discipline,” Toriola stated.
Key Highlights
Revenue Growth: Total revenue climbed 54.9% to N5.2 trillion, fueled primarily by data (up 74.5% to N2.8 trillion) and fintech (up 79.7% to N191.3 billion).
Profitability: Earnings per shareflipped to N53.07 from a negative N19.05 in 2024. PAT attributable to owners reached N1.1 trillion.
The Board proposed a final dividend of N15 per 2 kobo ordinary share, bringing the total for 2025 to N20 per share.
This payout, subject to withholding tax, will be distributed electronically on or around May 5, 2026, to shareholders registered by April 8, 2026.
The AGM is set for April 30, 2026.

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