MTN Nigeria Communications Plc has bounced back strongly in the first nine months of 2025, reporting a profit after tax of N750.2 billion , marking a major turnaround from a loss of N514.9 billion in the same period last year. The company's performance was powered by broad-based growth across all key business segments and a stabilising economic environment.
Service revenue grew 57.5 year-on-year to N3.7 trillion, while earnings before interest, tax, depreciation, and amortisation EBITDA surged 123 to N1.9 trillion , expanding the EBITDA margin by 15.1 percentage points to 51.4. The company also reported a strong free cash flow of N742.6 billion , up nearly 39 from the prior year, despite a significant ramp-up in capital expenditure.
MTN Nigeria's subscriber base continued to expand, with mobile users up 11 to 85.4 million and active data subscribers rising 12.8 to 51.1 million . Data usage also jumped 36, reflecting strong demand for digital services and connectivity.
