MTN Nigeria Communications Plc reported a pre-tax profit of N1.12 trillion for the nine months ended 30 September 2025, recovering from a N713.6 billion loss in the same period last year.
For Q3 2025 alone, the telecom giant posted a pre-tax profit of N504.2 billion, significantly higher than the N37.7 billion reported in Q3 2024.
The telecom giant also declared interim dividends for the first time since the 2022 financial year.
MTN Nigeria’s N3.73 trillion revenue in the period was driven by strong growth across nearly all service lines:
These gains were supported by increasing smartphone penetration, accelerated data consumption, and fintech adoption.
On the cost side, direct network operating expenses rose 15.3% YoY, primarily due to higher BTS lease, regulatory, and network maintenance costs.
Despite higher capital expenditure, cash balances more than doubled, and debt levels reduced, enhancing the company’s financial flexibility.
MTN Nigeria’s share price closed at N520.10 on the day the Q3 2025 results were released, rising from N423.00 at the beginning of October, a 22.9% gain month-to-date.
The dividend will be paid on 28 November 2025 to shareholders on the register as of 20 November 2025, with the register closing from 21 November 2025.