MTN Nigeria has announced plans to invest $625 million in 2025 to expand and upgrade its network infrastructure nationwide. The disclosure was made by CEO Karl Toriola during a media briefing, marking one of the largest telecom investments in Nigeria this year.
Strong Financial Performance in 2025
The telecoms giant posted a net profit of ₦414.9 billion ($271 million) in the first half of 2025. This comes after the company successfully recovered from heavy losses during Nigeria’s currency crisis.
However, CEO Toriola warned that the industry remains fragile without necessary tariff reforms to reflect inflation and exchange rate volatility.
Calls for Policy and Regulatory Reforms
According to Toriola, stable government policies and regulatory clarity are crucial to sustaining the telecom sector. He emphasized that improved FX access is also essential to attract the billions of dollars needed for Nigeria’s digital infrastructure, including:
- Nationwide fibre rollout
- Data centre expansion
- Improved mobile broadband coverage
Boosting Nigeria’s Digital Economy
The $625 million investment reflects MTN’s long-term confidence in Nigeria’s telecom market potential. It is expected to:
- Enhance network reliability and speed
- Expand coverage to underserved areas
- Support Nigeria’s growing digital economy
- Create opportunities for businesses and consumers
Final Thoughts
MTN Nigeria’s 2025 network expansion investment highlights the company’s role in driving digital transformation across the country. With tariff reforms, regulatory stability, and policy support, the initiative could accelerate Nigeria’s position as one of Africa’s leading telecom markets.
