MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion
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Nairametrics
Reported by Samuel Daniel
Sun, 1 Nov 2026, 06:36
Photo courtesy of Nairametrics · Verified via News Stand NG
Source Attribution: Nairametrics
News Stand NG operates under ethical news aggregation guidelines. Source: Nairametrics. To read the unabridged investigative reporting and full gallery, visit the original publication.
The increase came as MTN Nigeria’s pre-tax profit rose by 59.4% to N1.80 trillion from N1.13 trillion, while the income tax expense recognised in its income statement increased by 67.6% to N630.5 billion from N376.3 billion. MTN Nigeria Communications Plc paid N295.4 billion in income tax during the nine months ended September 30, 2026, representing an increase of approximately 1,271% from N21.5 billion in the corresponding period of 2025.
Context & Background
✦Profit after tax: N1.17 trillion, up 55.3% from N750.2 billion.
Key Figures & Named Entities
2026:MTN Nigeria Communications Plc paid N295.4 billion in income tax during the nine months ended September 30, 2026, representing an increase of approximately 1,271% from N21.5 billion in the corresponding period of 2025.59.4%:The increase came as MTN Nigeria’s pre-tax profit rose by 59.4% to N1.80 trillion from N1.13 trillion, while the income tax expense recognised in its income statement increased by 67.6% to N630.5 billion from N376.3 billion.2027:Airtel Africa’s mobile money trust balances hit $1.49 billionBeta Glass’ 9M pre-tax profit falls 6.4% to N37.64 billion as finance costs surge 45%Honeywell Flour Mills’ H1-2027 pre-tax profit jumps 1,115% to N31.40 billion as revenue rises 41%Key Highlights Tax paid: N295.4 billion, up approximately 1,271% from N21.5 billion in the corresponding period of 2025.
Outlook & Next Steps
Follow original publisher reporting for subsequent developments, official responses, and verified updates.
Key Takeaways
Verified Extract
✦The increase came as MTN Nigeria’s pre-tax profit rose by 59.4% to N1.80 trillion from N1.13 trillion, while the income tax expense recognised in its income statement increased by 67.6% to N630.5 billion from N376.3 billion.
✦MTN Nigeria Communications Plc paid N295.4 billion in income tax during the nine months ended September 30, 2026, representing an increase of approximately 1,271% from N21.5 billion in the corresponding period of 2025.
✦Profit after tax: N1.17 trillion, up 55.3% from N750.2 billion.
Key Facts:2026: MTN Nigeria Communications Plc paid N295.4 billion in income tax during the nine months ended September 30, 2026, representing an increase of approximately 1,271% from N21.5 billion in the corresponding period of 2025.59.4%: The increase came as MTN Nigeria’s pre-tax profit rose by 59.4% to N1.80 trillion from N1.13 trillion, while the income tax expense recognised in its income statement increased by 67.6% to N630.5 billion from N376.3 billion.2027: Airtel Africa’s mobile money trust balances hit $1.49 billionBeta Glass’ 9M pre-tax profit falls 6.4% to N37.64 billion as finance costs surge 45%Honeywell Flour Mills’ H1-2027 pre-tax profit jumps 1,115% to N31.40 billion as revenue rises 41%Key Highlights Tax paid: N295.4 billion, up approximately 1,271% from N21.5 billion in the corresponding period of 2025.67.6%: Tax expense: N630.5 billion, up 67.6% from N376.3 billion.
Editorial Excerpt
MTN Nigeria Communications Plc paid N295.4 billion in income tax during the nine months ended September 30, 2026, representing an increase of approximately 1,271% from N21.5 billion in the corresponding period of 2025.
Frequently Asked Questions About This Story
What is the latest development regarding Airtel Nigeria?
The increase came as MTN Nigeria’s pre-tax profit rose by 59.4% to N1.80 trillion from N1.13 trillion, while the income tax expense recognised in its income statement increased by 67.6% to N630.5 billion from N376.3 billion.
Who are the key organizations or public figures mentioned?
MTN Nigeria Communications Plc paid N295.4 billion in income tax during the nine months ended September 30, 2026, representing an increase of approximately 1,271% from N21.5 billion in the corresponding period of 2025.
What timeline or key figures were confirmed?
MTN Nigeria Communications Plc paid N295.4 billion in income tax during the nine months ended September 30, 2026, representing an increase of approximately 1,271% from N21.5 billion in the corresponding period of 2025.
