started · updated
MTN Nigeria Posts 70.6% H1 Profit Rise, Declares N26 Interim Dividend
MTN Nigeria Plc reported profit after tax of N707.5 billion for the first half of 2026, a 70.6 % year‑on‑year increase. Revenue grew 29.5 % to N2.99 trillion, driven by strong data, voice, digital and fintech services. Data revenue reached N1.699 trillion, up about 38 % YoY, while active data users rose to 55.7 million. The company added 4.9 million net subscribers, taking its total base to 92.2 million. EBITDA climbed to N1.67 trillion and free cash flow to N712.7 billion. The board approved an interim dividend of N26 per share, payable on 7 September 2026. A more stable naira (N1,380 per USD) helped reduce foreign‑exchange costs and supported the earnings uplift.
Entities
BUA Foods Plc · Central Bank of Nigeria · Engr. Ayodele Abioye · Karl Toriola · Lagos State Government · MTN Nigeria Plc · Naira · Nigeria · Nigerian Exchange Limited · Nigerian National Petroleum Company Limited · Nigerian National Petroleum Company Ltd · Presco Plc
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] BUA Foods profit after tax for H1 2026 was ₦292.27 billion, up 12% year‑on‑year. orientalnewsng.com · www.fellowpress.com
- [DISPUTED] MTN Nigeria revenue for H1 2026 was ₦2.99 trillion, up 25.9 % YoY. bizwatchnigeria.ng · dmarketforces.com · economicconfidential.com
- [● 4 SOURCES] MTN Nigeria added 4.9 million new subscribers, reaching 92.2 million total, with 55.7 million active data users. bizwatchnigeria.ng · economicconfidential.com
- [● 3 SOURCES] BUA Foods revenue for H1 2026 was ₦765.12 billion, down 16% year‑on‑year. orientalnewsng.com · www.fellowpress.com
- [● 3 SOURCES] BUA Foods operating profit margin increased to 42 % in H1 2026. orientalnewsng.com · www.fellowpress.com
- [● 3 SOURCES] MTN Nigeria declared an interim dividend of ₦26 per share payable on 7 September 2026. bizwatchnigeria.ng · businessday.ng
- [● 5 SOURCES] MTN Nigeria profit after tax for H1 2026 was ₦707.5 billion, up 70.6 % YoY. bizwatchnigeria.ng · dmarketforces.com · economicconfidential.com
- [● 4 SOURCES] MTN Nigeria data revenue for H1 2026 was about ₦1.699 trillion, up 38.3 % YoY. bizwatchnigeria.ng · economicconfidential.com
- [● 2 SOURCES] Nigerian National Petroleum Company posted a profit after tax of ₦535 billion for June 2026, with revenue of ₦4.389 trillion. pmnewsnigeria.com
- [○ 1 SOURCE] Lagos State collected ₦1.67 trillion in recurrent revenue in the first half of 2026, achieving 90% of its target.
- [DISPUTED] MTN Nigeria revenue for H1 2026 was ₦2.99 trillion, up 29.5% year‑on‑year. bizwatchnigeria.ng · dmarketforces.com · businessday.ng
- [○ 1 SOURCE] Central Bank of Nigeria group profit after tax for FY 2025 was ₦136.44 billion and it will remit ₦69.45 billion to the federal government.