MTN Nigeria Communications Plc has staged one of the strongest recoveries on the Nigerian Exchange Limited, posting a pre-tax profit of N1.7 trillion for the year ended December 2025, a sharp reversal from the N550.3 billion loss recorded in 2024.
Driven mostly by rising data and fintech sales, the telecom behemoth’s audited results indicate revenue increased to N5.20 trillion. Earnings per share increased to N53.07, while profit after tax stabilised at N1.11 trillion. Pretax profit increased considerably just in the fourth quarter, highlighting ongoing momentum in the firm.
Pending shareholder approval, the board has recommended a final dividend of N15 per share, totalling N20 per share for 2025.
The News Chronicle gathered that better foreign exchange stability was instrumental in the turnaround; the company recorded a net FX profit, compared with significant losses a year ago.
Strong data traffic growth, increasing smartphone penetration, and growing fintech acceptance also helped to raise service revenue by more than 55%.
Karl Toriola, chief executive officer, characterised the year as a significant turning point, citing a comeback to positive retained profits and shareholders’ capital.
With its share price closing at N760 and a market capitalisation of nearly N16 trillion, MTN Nigeria remains the most valuable listed firm on the exchange, reflecting renewed investor confidence.
