MTN Nigeria Communications Plc (MTNN) will this week resume dividend payments to shareholders after a two-year pause, following a strong earnings performance in the first nine months of 2025.
In a corporate disclosure to the Nigerian Exchange obtained by Fintechinsights, the telecom giant announced that its Board of Directors has approved an interim dividend of ₦5 per 2 kobo ordinary share, subject to statutory withholding tax.
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The company had suspended dividends for two years due to heavy foreign-exchange liabilities that weakened its balance sheet after the naira devaluation. With earnings now stabilising, MTN says it is ready to reward shareholders once again.
According to the statement, the interim dividend will be paid to shareholders listed in the Register of Members as of 20 November 2025. Electronic payments will be made on 28 November 2025 to investors who have completed e-dividend registration and mandated their banks for direct credit.
Meanwhile, MTN Nigeria’s share price fell to ₦465 last week amid mild sell-offs, placing its market capitalization at ₦9.76 trillion, about 11% below its 52-week high.
