MTN Nigeria Posts Record N1.09tn Pre-Tax Profit as Data Boom, Lower Debt and Stronger Cash Flow Drive Stellar H1 Earnings - Tekedia

MTN Nigeria posted a record H1 2026 pre-tax profit of N1.09 trillion, up 75.4% year on year.

Revenue rose 25.9% to N2.99 trillion, driven mainly by strong growth in data services.

Lower borrowings and a steadier naira eased finance costs and foreign exchange pressure.

The board declared an interim dividend of N26 per share, boosting returns for shareholders.

The results highlight resilient demand for digital services and the telecom sector’s strength in Nigeria.