MTN Nigeria Communications PLC invested N864.8 billion in network expansion in the first nine months of 2026. That was a 14.2% increase from the same period last year. The company said the investment responds to growing demand for data and broadband services.
MTN Nigeria’s subscriber base grew to 94.7 million. It had 57.2 million active data users.
For the nine months ended September 30, 2026, profit after tax rose 55.3% to N1.17 trillion. Service revenue increased 23.7% to N4.6 trillion.
The company is migrating its MoMo service to a new platform powered by Alipay+. As part of its energy transition program, it invested N825.7 million in solar and electric vehicle infrastructure.