MTN Nigeria Plans to Resume Dividend Payments in 2025, After 2 Years Hiatus

Good news for MTN Nigeria’s shareholders – the company plans to resume dividend payments in 2025 after two years break. MTN Nigeria’s plans to resume dividend payments in 2025 means it’s finally starting to bounce back from some tough times financially. For two years, they couldn’t pay dividends because the company’s finances weren’t looking great, but now things are changing for the better.

At the end of 2024, MTN Nigeria was in the red with negative equity close to N458 billion. That’s a big number, but by mid-2025, they managed to improve that to negative N42.5 billion. Experts believe that by around September 2025, MTN Nigeria’s equity will flip positive, which is a huge deal. Basically, this means they’ll finally have enough financial strength to start sharing profits with their investors again.

So, how did MTN Nigeria make this impressive comeback? One reason is their booming data business. More people in Nigeria are using the internet on their phones than ever before. With about 169 million mobile phone subscribers – that’s about 78% of the population – it’s no surprise data demand is booming. MTN Nigeria grabbed this opportunity by investing heavily in new 4G and 5G networks. As of May 2023, they’d already set up 700 5G sites in big cities like Lagos and Abuja, helping millions enjoy faster internet and streaming, gaming, or working from their phones.

MTN Nigeria Plans to Resume Dividend Payments in 2025

Besides growing their data services, MTN Nigeria also found smart ways to cut costs. They renegotiated deals for their communication towers, saving over N113 billion, and trimmed other expenses by nearly N42 billion. These moves helped the company run more efficiently, and they reported a strong profit margin of 53.7% in the second quarter of 2025 – better than many people expected.

Another boost came from a steadier Nigerian currency and a tariff hike approved by the regulators. MTN Nigeria’s foreign currency debt dropped a lot – from $416 million in 2023 down to just about $21 million in 2024 – easing some of their financial pressure. Plus, the 50% tariff increase helps them make more money from their services.

MTN Nigeria’s shares also reflect this turnaround. After a tough 2024 where the stock fell 24%, the price bounced back with a 22.5% gain in the first three months of 2025 alone. Analysts are hopeful, putting the expected share price near N527 by the end of this year.

Why does MTN Nigeria plans to resume dividend payments in 2025 matter so much? Well, dividends are like rewards for investors – a way to earn income on top of any rise in stock price. In Nigeria’s currently shaky economy, with rising inflation and currency ups and downs, stable dividend payments are even more important. When MTN Nigeria stopped dividends two years ago, many investors missed out. Now, the return of dividends shows the company is healthier and committed to sharing profits with its owners. This should make the stock more attractive to both small investors and big institutions.

MTN Nigeria’s plans to resume dividend payments in 2025 shows the company’s hard work paying off. They focused on growing their data business, cutting costs, and managing money smartly to overcome past troubles. Shareholders can look forward to getting dividends again after a long pause. MTN Nigeria is back on track and well positioned to stay a leader in Nigeria’s telecom market while rewarding those who bet on its success.

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