MTN Nigeria Celebrates Stellar ₦750 Billion Profit and Restores Shareholder Dividends
MTN Nigeria Communications Plc has announced a remarkable financial turnaround, posting an impressive ₦750.19 billion ($522.06 million) in profit after tax for the nine months ending September 2025. This significant achievement marks a 245.7% year-on-year surge, contrasting sharply with the ₦514.9 billion ($358.34 million) loss recorded during the same period last year. The telecom giant’s robust performance not only solidifies its return to profitability but also signifies a major boost for the African tech sector, underpinning its financial stability and leadership in Nigeria’s dynamic telecommunications market.
A Return to Financial Strength and Shareholder Rewards
The exceptional financial results have allowed MTN Nigeria to successfully restore its positive retained earnings and shareholders’ equity positions, a critical indicator of corporate health. Complementing this resurgence, the Board of Directors has approved an interim dividend payout of ₦5 per 2 kobo ordinary share, a welcome development for investors as it represents the first dividend distribution since August 2023, when shareholders received ₦5.60 per share. This interim dividend, subject to the appropriate deduction of withholding tax, will be electronically disbursed on November 28, 2025. Eligibility extends to shareholders whose names appear in the Register of Members as of the close of business on November 20, 2025, provided they have completed their e-dividend registration. This move demonstrates MTN’s commitment to rewarding its shareholders while highlighting its strong financial recovery and operational efficiency within the competitive Nigerian and broader African telecom landscape.
This impressive profit figure and the resumption of dividends underscore MTN Nigeria’s resilience and strategic execution in navigating economic complexities. For shareholders, this represents a tangible return on investment and a renewed confidence in the company’s long-term growth prospects. The re-establishment of positive retained earnings and the commitment to regular shareholder payouts reinforce MTN Nigeria’s position as a financially robust and attractive entity within the African telecommunications industry, poised for continued success and value creation.
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