MTN Nigeria Communications Plc has reported N3.7 trillion in revenue and N1.1 trillion in pre-tax profit for the third quarter of 2025, showing a recovery from the foreign exchange losses recorded in previous quarters.
The telecom firm also announced the restoration of dividend payments, returning to the league of consistent shareholder performers.
According to the company’s financial results, voice and data services accounted for about N3.2 trillion of the total revenue.
Data revenue grew by 36% year-on-year as active data users rose to 51.1 million, while total subscribers reached 85.4 million.
MTN’s financial technology arm, which includes Yello Digital Financial Services and MoMo Payment Service Bank, recorded N131.6 billion in revenue in the first nine months of 2025, representing a 72.5% increase compared to the same period in 2024.
The company said it continues to leverage its subscriber base to expand its digital financial services network across Nigeria.
Industry observers suggest that MTN’s FinTech business could reach N200 billion in annual revenue by 2026 and may eventually be listed as a standalone company, similar to Safaricom’s M-Pesa model in Kenya.
