MTN Nigeria Plc Q1 2026 – Cost Management Set the Pace for a Strong Fiscal Year

Highlights

• Revenue grew by 42% Year-on-year (YoY) from ₦1.06 trillion (Q1 2025) to ₦1.50 trillion (Q1 2026).
• EBITDA grew by 68% YoY ₦335.22 billion (Q1 2025) to ₦828.92 billion (Q1 2026).
• Profit after tax (PAT) grew by 166% YoY from ₦133.68 billion (Q1 2025) to ₦355.50 billion (Q1 2026).

Outlook

Looking ahead, we expect MTN Nigeria to sustain its growth momentum, supported by increasing demand for data services, continued digital adoption, and the benefits of tariff adjustments. The Company’s expanding subscriber base, coupled with rising data consumption, should continue to support strong revenue generation across its core business segments.

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