MTN Group Reports Strong 2025 Performance Driven by Nigeria

MTN Group announced its financial results for the 2025 fiscal year, highlighting a significant performance driven by its operations in Nigeria and Ghana. The company's service revenue surged nearly 25% to R218 billion, marking the final year of its 2025 strategy.

MTN Nigeria recorded a 54.9% increase in service revenue, while MTN Ghana saw a 35.9% rise. The total customer base expanded to 307 million across 16 markets by December 31, 2025.

The board declared a dividend of 500 cents per share for the year, up from 345 cents in 2024, exceeding the minimum dividend guidance of 370 cents. Additionally, MTN Group introduced a R6 billion share buyback program to enhance shareholder value.

Despite a significant loss of N400.4 billion in 2024 due to foreign exchange losses, the Nigerian unit showed recovery, contributing positively to the group's profit. MTN's market valuation reached R381 billion, equivalent to $23.7 billion, reflecting improved investor sentiment.