MTN Nigeria nearly doubled the number of employees earning at least ₦2.4 million ($1,772.57) monthly in 2025, underscoring an aggressive compensation strategy shaped by inflation, talent flight, and a rebound in industry revenue. According to its full-year financial report released on Thursday, the number of staff in the highest salary band rose to 659 in 2025, a 97.3% jump from a year earlier. These employees earned at least ₦29.5 million annually, roughly ₦2.4 million monthly. The expansion came despite only modest overall headcount growth, with total employees rising to 2,001 from 1,912 in 2024. The sharp rise signals a deliberate shift in pay structure. Rather than significantly expanding its workforce, MTN is concentrating resources on high-value and specialised roles across networ...