The brand story
The MTN story
With over 92.2 million subscribers (June 2026), providing internet access to more than 50 million data users and investing more than ₦6.8 trillion (June 2026) in capital expenditure in the economy, MTN Nigeria is Sub-Saharan Africa's largest and most sophisticated telecommunications network.
Our goal is to deliver leading digital solutions for Nigeria's progress, guided by the principle of shared value to enable shared prosperity. That is why we continually seek opportunities and possibilities to make a positive and sustainable impact on the communities we serve.
For over two decades, our operations have enabled millions of Nigerian businesses and individuals to connect, communicate, and thrive. Through our extensive network, innovative digital services, and commitment to national development, we continue to build a future where people, businesses, and communities can unlock their full potential.
Listed on the Premium Board of the Nigerian Exchange (NGX) on May 16, 2019, and following a successful public offer in December 2021, we're guided by a win-win philosophy. We believe that our success is intrinsically linked to the well-being and development of the communities where we live and work.
In recent years, we've accelerated investments in digital infrastructure and inclusion initiatives to support the country's growing digital economy. In 2025, the company launched the Dabengwa Tier III Data Centre, the largest of its kind in West Africa, significantly enhancing Nigeria's data hosting and cloud capabilities. Through projects such as FibreX and MoMo PSB, MTN has expanded broadband access, deepened financial inclusion, and created economic opportunities for thousands of Nigerians.
Following a challenging period in 2023, driven by foreign exchange pressures, the company returned to profitability in 2025, supported by strong service revenue growth, disciplined cost management, and strategic investments in network expansion and digital services. Continued growth in profitability and operational efficiency reinforces our position as a leading player in Nigeria's telecommunications sector.
Beyond business performance, we remain committed to driving social impact. Through the MTN Foundation, the company has invested billions of naira in education, healthcare, youth development, and community upliftment. Flagship initiatives such as the MTN Scholarship Scheme, the Y'ello Doctor programme, and digital literacy interventions continue to empower individuals and improve lives across the country.
As a technology leader, we connect people to the benefits of a modern digital world while helping to drive economic growth, innovation, and sustainable development. Through continued investment, innovation, and purposeful impact, we remain committed to enabling the progress of Nigeria and its people.
“Nigeria's premier telecommunications provider and digital services leader”
MTN
Brand profile
Established
2001
Headquarters
MTN Plaza, Awolowo Road, Ikoyi, Lagos, Nigeria
Website
mtn.ng
Leadership
Karl Olutokun Toriola
Operations
Coverage in over 3,800 locations across Nigeria; Nigeria (subsidiary of MTN Group operating in 19 markets in Africa and the Middle East)
Business areas
Mobile voice and data, broadband, digital services, and MoMo mobile financial services
Annual turnover
₦3.0 trillion (H1 2026)
Staff
1,866 permanent employees (December 2025)