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    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

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    Senate confirms Taiwo Oyedele as Minister of State for Finance

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    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

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    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

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    UK halts Study Visas for 4 Countries citing Asylum Abuse

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    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Completes Capital Raise To meet CBN Int’l Licence

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    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

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    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    President Tinubu to Stop Tax on imported Pharmaceutical Inputs

    FULL LIST: 65 Ambassadors Approved by President Tinubu

    • Nigeria
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  • Economy
    • All
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    • Economic Data
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    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    Tinubu Renews Prof. Ayo Omotayo’s Appointment as NIPSS Director-General

    UK halts Study Visas for 4  Countries citing Asylum Abuse

    UK halts Study Visas for 4 Countries citing Asylum Abuse

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    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Completes Capital Raise To meet CBN Int’l Licence

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

    Union Dicon Salt Plc Resumes Salt & Pepper Production Amid Revival Push

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    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

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MTN Nigeria Proposes N15 Final Dividend for 2025, Total Payout Reaches N20 per Share

Friday, 27 February 2026, 2:26 pm
in Business, Companies, News
0
MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B
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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.

Vivian Ifunanya Gerald

Administrator and Writer

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