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MTN Nigeria Remits N879 Billion in Taxes for 2025

MTN Nigeria Remits N879 Billion in Taxes for 2025

MTN Nigeria paid N878.7 billion in taxes, levies, and duties to federal and state authorities for the 2025 financial year, representing a 15% increase from the previous year. This payment is part of the company's commitment to support the government's fiscal reform agenda.

The total revenue for MTN Nigeria rose by 54.8% to N5.20 trillion, with operating profit increasing to N2.08 trillion. The company also reported a recovery from forex-driven losses, with a profit before tax of N1.11 trillion.

MTN Nigeria's tax contributions included corporate income tax, value-added tax, spectrum fees, and import duties. The company is involved in infrastructure development, committing N202.8 billion towards reconstructing 110 kilometers of the Enugu-Onitsha expressway.

Additionally, MTN Nigeria's procurement from local suppliers increased to 62% in 2025, aligning with the federal government's local content objectives. The company operates 2,087 active base stations and has 85.4 million mobile subscribers as of the third quarter of 2025.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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