MTN Nigeria boosts tax payments as profits and revenue surge
MTN Nigeria has significantly increased its tax contributions as its profits and revenues continue to grow. The company paid substantial amounts to federal and state authorities, reflecting its expanding economic impact. MTN Nigeria also invested in infrastructure projects and supported local suppliers. The company’s recent report highlights its commitment to government initiatives and the Nigerian economy.
TLDR
- MTN Nigeria paid N878.7bn in taxes, levies, and duties to authorities in the 2025 financial year, a 15% rise from the previous year.
- Taxes and levies paid were N543.9bn in 2023, N764bn in 2024, and N878.7bn in 2025, showing a 62% cumulative increase over two years.
- Profit after tax reached N1.11tn in 2025, with total revenue rising by 54.8% to N5.20tn and operating profit increasing to N2.08tn.
- The company committed N202.8bn to reconstruct the Enugu-Onitsha Expressway and secured an additional N23bn tax credit for expanding telecom infrastructure; the Rural and Urban Terrestrial Infrastructure scheme hit 50% completion in 2025.
- By the third quarter of 2025, MTN Nigeria had 2,087 active base stations, 85.4 million mobile subscribers, and 51.1 million active data users, with smartphone penetration at 65.1%.
