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MTN Nigeria Returns To Profit With N1.11trn Earnings

Naija News • 3d ago
MTN Nigeria Returns To Profit With N1.11trn Earnings
…proposes N20 dividend MTN Nigeria Communications Plc has reported a strong turnaround in its audited results for the year ended December 31, 2025, posting a profit after tax of N1.11 trillion compared with a loss of N400.44 billion in 2024. The telecoms giant recorded revenue of N5.20 trillion in 2025, representing a 54.9 per cent increase from N3.36 trillion reported in the previous year. Operating profit rose significantly to N2.08 trillion from N778.24 billion in 2024. Profit before tax stood at N1.70 trillion, a sharp recovery from a pre-tax loss of N550.33 billion recorded a year earlier. The company’s performance was supported by a net foreign exchange gain of N90.27 billion, compared with a foreign exchange loss of N925.36 billion in 2024. Finance income increased to N51.16 bil...
Source: Original Article. AI-enhanced version.