MTN Invests N32 Billion in Social Impact Initiatives

MTN has announced an investment of N32 billion focused on social impact initiatives, which has contributed to a reported service revenue increase to N5.2 trillion, as shown in the 2025 audit results. The company attributes its profit growth to its socio-economic contributions across Nigeria, with a notable impact on the healthcare sector.

MTN Foundation donated N139 million to support 49 primary healthcare centers nationwide, facilitating 448,278 patient attendances and ensuring 12,426 safe deliveries. Additionally, the foundation awarded 1,026 scholarships to undergraduate students in STEM disciplines and provided 81 music scholarships worth N900,000 to nurture local talent.

Overall, MTN's investments have reached 3,604 communities across 590 local government areas, impacting 32.1 million lives. CEO Karl Toriola noted that 2025 marks a significant turning point for the company as it aims to restore profit and retain earnings.