₦airaland Forum

MTN Nigeria Posts N1.70 Trillion Pre-Tax Profit in 2025, Declares N20 Dividend

By Endurance Enemona Samuel

MTN Nigeria Communications Plc has released its audited financial results for the year ended December 31, 2025, reporting a major earnings rebound that underscores one of the strongest corporate recoveries in Nigeria News Today.

According to its filing on the Nigerian Exchange (NGX), the telecom operator posted a pre-tax profit of N1.70 trillion in 2025, reversing a pre-tax loss of N550.3 billion recorded in 2024.

The turnaround reflects improved foreign exchange conditions, strong service revenue growth, margin expansion, and operational efficiency gains.

Fourth Quarter Performance Strengthens Earnings Momentum

In the fourth quarter alone, pre-tax profit rose 248.8% year-on-year to N569.6 billion, compared to N163.3 billion in Q4 2024.

The company’s board proposed a final dividend of N15 per share, bringing total dividend for the 2025 financial year to N20 per share.

Dividends will be paid electronically to shareholders on the register as of April 8, 2026, subject to completed e-dividend mandates.

Full-Year Financial Highlights (FY 2025 vs FY 2024)

1. Total revenue: N5.20 trillion (+54.9% YoY)

2. Service revenue: N5.17 trillion (+55.1% YoY)

3. Profit after tax: N1.11 trillion (vs N400.4bn loss)

4. Earnings per share: N53.07 (vs -N19.05)

5. EBITDA: N2.74 trillion (+108.9%)

6. Mobile subscribers: 87.3 million (+7.9%)

7. Total assets: N5.40 trillion (+28.7%)

8. Shareholders’ funds: N548.7 billion (+219.8%)

Management Commentary

Chief Executive Officer Karl Toriola described 2025 as a significant turning point for the company.

He confirmed that retained earnings closed positive at N400.4 billion, compared to negative N607.5 billion in December 2024, while shareholders’ equity improved to N548.7 billion from negative N458.0 billion.

Management attributed the improvement to a more stable foreign exchange market, moderated inflation, and continued demand for data services.

The company maintained its medium-term service revenue growth guidance of at least the low 20% range and revised EBITDA margin guidance upward to the mid-to-high 50% range.

Data and Fintech Drive Revenue Growth

Service revenue rose 55.1% to N5.17 trillion, driven primarily by data and fintech expansion.

1. Data revenue increased 74.5% to N2.78 trillion.

2. Data traffic rose 34.0%.

3. Active data users grew 11.6% to 53.2 million.

4. Smartphone penetration reached 66.1%.

5. Voice revenue climbed 42.1% to N1.85 trillion.

6. Fintech revenue rose 79.7% to N191.3 billion.

Operating leverage strengthened significantly as cost of sales rose 30.3%, below revenue growth, while operating expenses increased 16.7%.

EBITDA surged 108.9% to N2.74 trillion.

FX Gains Reverse Prior Year Losses

A major swing factor was foreign exchange performance. MTN Nigeria recorded a net FX gain of N90.3 billion, compared to a N925.4 billion FX loss in 2024.

The improvement followed settlement of outstanding letters of credit and reduced dollar exposure.

Capital expenditure excluding leases rose 126.2% to N1.00 trillion, reflecting heavy network investment.

Despite increased investment, free cash flow rose 215.5% to N1.2 trillion.

Balance Sheet and Market Reaction

The company’s balance sheet strengthened materially, with shareholders’ equity turning positive and retained earnings restored.

As of the latest close, MTN Nigeria’s share price stood at N760, making it the most capitalised company on the Nigerian Exchange with a market capitalisation of approximately N16 trillion.

The stock has gained 33% in February, lifting year-to-date returns to 49%, following a 155.5% rally in 2025.

This earnings report is published by The Business Bureau as part of Nigeria News Today corporate and capital markets coverage.

Source: The Business Bureau

1.70 Trillion Naira? There’s money in Nigeria. Woah! That’s a lot of money.

But i dey see 15 naira everywhere. Mtn what is happening!

#1.7trill owo na water

Editorialtimes:
MTN Nigeria Posts N1.70 Trillion Pre-Tax Profit in 2025, Declares N20 Dividend

By Endurance Enemona Samuel



Source: The Business Bureau

Sweet dividends! Sweet dividends!

So can someone explain in layman terms, average investor's take home.

For instance , if I investor's 1 million naira.


I want to know if it makes sense more than farming.

or I should ba thinking of Dangote shares.

The same miscreants and half-literate sycophants, living off stipends from failed roadside groundnut politicians, will tell you with a straight face that this has nothing whatsoever to do with Tinubu.

But let the stock market wobble for two measly weeks, and suddenly the gates of hell fling wide open. Overnight, every Twitter economist, Facebook financial guru, and WhatsApp MBA starts explaining, with extreme confidence, how Remi Tinubu’s last stroll through Lagos triggered a national economic meltdown.

By the time they’re done, even the Onitsha market salesman who lost a naira on Monday will be ready to swear that Tinubu personally sabotaged his sales ledger. Comedy gold.

Can someone buy shares in the company? See correct means to make money.

Chai! See profit.
Shareholders smiling


MTN can still lower the data cost sha.

incogni2o:
So can someone explain in layman terms, average investor's take home.

For instance , if I investor's 1 million naira.


I want to know if it makes sense more than farming.

or I should ba thinking of Dangote shares.

capital market is not for small investors, it's for people who have significant capital.

By ripping Nigerians.

2 more characters

Who can recall what the reactiom of the mobs was in 2024 when they declared loss!


https://www.nairaland.com/8354290/mtn-nigeria-reports-n400.44bn-loss


Those of you that made the comments below but couldnt make the opposite of the comments now because you want your man in power will never taste that power

Okay. Congrats MTN. You guys are doing well

This is great news for us.

incogni2o:
So can someone explain in layman terms, average investor's take home.

For instance , if I investor's 1 million naira.


I want to know if it makes sense more than farming.

or I should ba thinking of Dangote shares.

Please somebody enlighten us

Editorialtimes:
MTN Nigeria Posts N1.70 Trillion Pre-Tax Profit in 2025, Declares N20 Dividend

By Endurance Enemona Samuel



Source: The Business Bureau

Where is Peter Obi! He should try to twist this to a bad news

Hw do u shamelessly rip of Nigerians in these tinibu Induced poverty n hardship.
Insensitive n corrupt pple everywhere

How many unit of shares was the #1m worth when purchased. Two things you have to bear in mind is the share valuation and dividends accrued on those overtime.

incogni2o:
So can someone explain in layman terms, average investor's take home.

For instance , if I investor's 1 million naira.


I want to know if it makes sense more than farming.

or I should ba thinking of Dangote shares.

NOpe, even in his folly he will not attempt that, instead he will wait for bad news or a news involving Lagos to tweet about.

Misterone:
Where is Peter Obi! He should try to twist this to a bad news

Kai. The poor will never learn. See how they are rejoicing over 20naira

Georgry:
capital market is not for small investors, it's for people who have significant capital.

You can start small with long term in mind. You just need to be consistent.

LibertyRep:
Chai! See profit.
Shareholders smiling
MTN can still lower the data cost sha.

They were saying a while ago before the last tariff rises that their escalating costs were driving the telecom industry into insolvency.

Less than a year later this...

After oil and gas sector, I want to believe the next money spinning sector is communication sector

billyadam:
How many unit of shares was the #1m worth when purchased. Two things you have to bear in mind is the share valuation and dividends accrued on those overtime.

You just made it more complicated for him..haha

Another evidence Nigeria economy is growing and we're in the right direction

Editorialtimes:
MTN Nigeria Posts N1.70 Trillion Pre-Tax Profit in 2025, Declares N20 Dividend

By Endurance Enemona Samuel



Source: The Business Bureau

For those who doesn't knkw how this thing work, thus is the effect of subsidy removal coupled with the reforms across various sections.
First 2 years of subsidy removal is ALWAYS hard, just luke planting Cocoa,
3rd to 4th year, those invedtirs that stayed will surely make profit because inflation would have reduced.
From 5th and 6th years, the cutizens qill start to feel the impact, that isbthe time they will make their own profit if the 4 years suffering too.
From 7th year, auto pilot, enjoyment galore, most will forget that they suffered in 2023 to 2027
The only issue now is insecurity and i pray we conqure it.

When the 2024 results of companies came out last year and they recorded heavy losses as a result of exchange rate adjustments Obi and the gang went to town to tell us how Nigeria is finished. Now that we have exchange rate stability and companies are posting impressive results they are telling us that the common man is not feeling the gains. No matter what they will criticize but will not tell us what they will do differently.

Richtaiwo:
The same miscreants and half-literate sycophants, living off stipends from failed roadside groundnut politicians, will tell you with a straight face that this has nothing whatsoever to do with Tinubu.

But let the stock market wobble for two measly weeks, and suddenly the gates of hell fling wide open. Overnight, every Twitter economist, Facebook financial guru, and WhatsApp MBA starts explaining, with extreme confidence, how Remi Tinubu’s last stroll through Lagos triggered a national economic meltdown.

By the time they’re done, even the Onitsha market salesman who lost a naira on Monday will be ready to swear that Tinubu personally sabotaged his sales ledger. Comedy gold.

Isn't this bitterness too much?
Be careful less you choke on hatred, bro.

NaijaRealtor:
1.70 Trillion Naira? There’s money in Nigeria. Woah! That’s a lot of money.

You were not informed ? There is stupid money in this country because we have the market . Foreigners are coming to take advantage of our population . Our people are leaving mostly because of economic reasons . There is money to be made in this country . I know young people who have sworn never to relocate out of this country considering what they are making .

You will see a woman selling akara use the money to educate her kids and build houses . Na our pride not to go out and do some kind of jobs/businesses because of societal perception that limits a lot of people alongside laziness .

All stolen funds through their unfriendly and non lasting data subscriptions.

AyobamiOluwole:
By ripping Nigerians.

2 more characters

It is your choice to patronise them..Abi you no see Etisalat?

incogni2o:
So can someone explain in layman terms, average investor's take home.

For instance , if I investor's 1 million naira.


I want to know if it makes sense more than farming.

or I should ba thinking of Dangote shares.

Best advice....

Follow the advice of people who followed the advice of a madman. They are your new Messiah.
Keep your dollars because it's going up to #3000 to $1 -Madamme Yeshufool.
Sell off MTN and other shares because Nigeria is finished -Eze finishing Gburugburu of Agululand.

And.....
Thank me later