MTN Nigeria triples capital expenditure to ₦757.4 billion, sees sharp revenue growth

MTN Nigeria has more than tripled its capital expenditure to ₦757.4 billion ($527.08 million) in 2025, marking its largest infrastructure push in years to meet surging demand for data and broadband. The company channelled about 87% of the record spend into network expansion, fibre rollout, spectrum renewal, and digital-service infrastructure, including the first phase of its $240 million Dabengwa Tier-3 Data Centre launched in July. Backed by a stronger naira, easing inflation, and renewed investor confidence, MTN’s investments drove a sharp turnaround in performance — service revenue rose 57.5% year-on-year, EBITDA more than doubled to ₦1.9 trillion ($1.32 billion), and profit after tax surged 245.7% to ₦750.2 billion ($522.07 million). With improved cash flow and a debt ratio of 0.1×, the company declared an interim dividend of ₦5.00 per share and signalled optimism for sustained growth into 2026. Click the link 🔗 below for more details  👉 https://lnkd.in/d79teJrB