MTN Nigeria to Invest N1 Trillion in Network Capacity

MTN Nigeria plans to invest N1 trillion in network capacity in 2025, a significant increase from the previous year's capital expenditure, as disclosed by CEO Karl Toriola in the company's audited financial results for the year ending December 31, 2025. This investment follows a 50% increase in telecommunications tariffs approved last year, aimed at enhancing service quality.

MTN Nigeria also paid N878.7 billion in taxes during the year, reinforcing its position as Nigeria's largest corporate taxpayer. Toriola emphasized the need for infrastructure rollout to support rising data demand and improve service quality across the country.

The company secured a three-year spectrum lease effective October 1, 2025, as part of its national roaming agreement. During the period, MTN's mobile subscriber base grew to 87.3 million, adding 6.4 million new users, while active data users rose to 53.2 million.

The overall service revenue climbed by 55.1%, with a notable 49.3% increase in the fourth quarter.