By Ayomide Otitoju
MTN Nigeria has announced its financial results for the third quarter of 2025 on the Nigerian Exchange, highlighting a significant acceleration in network investment and continued commitment to social impact initiatives across the country.
The telecommunications giant disclosed that its network investment rose by 248% to ₦757.4 billion, reflecting its ongoing efforts to enhance service quality and strengthen connectivity nationwide.
In a parallel push toward education and empowerment, the MTN Foundation welcomed 411 new scholars, including 100 visually impaired students, into its prestigious scholarship program. Each recipient will receive an annual grant of ₦300,000 until graduation, provided they maintain the required academic performance. Over the past 15 years, MTN has supported more than 14,000 Nigerian scholars, underscoring its long-term commitment to nurturing the country’s future leaders.
MTN also spotlighted Scrapays, an innovative startup from its Cloud Accelerator Programme, which is transforming recyclables into economic opportunities. Dubbed the “Airbnb for recyclables,” Scrapays connects households and businesses with micro-entrepreneurs through WhatsApp and USSD-based waste collection requests. The platform has already engaged over 36,000 households and empowered **more than 11,000 agents—46% of them women—**to earn income while promoting environmental sustainability across Africa.
The company further shared the inspiring story of Babatunde Favour, a participant in the 3 Million Technical Talent (3MTT) Programme, who transitioned from a cybersecurity novice to a professional analyst through MTN’s data-driven support. Babatunde now mentors others, proving that with dedication and access to training, young Nigerians can thrive in high-demand tech fields.
Meanwhile, MTN’s mPulse Spelling Bee regional finals are set to commence in Enugu, continuing the brand’s tradition of fostering academic excellence among young students.
MTN reaffirmed its dedication to driving digital inclusion, education, and economic empowerment, emphasizing that its mission to transform lives and communities across Nigeria remains ongoing.
