MTN Records 62% Local Procurement, Spends N2.7trn on Nigerian Suppliers in 2025

THISDAYLIVE | 28-08-2026 05:16am |

MTN Nigeria Plc has disclosed that it has a 99.9 per cent Nigerian workforce and achieved over 62 per cent local procurement, reducing its expatriate staff to four from over 300 in 2021. The company also reported spending over N1 trillion on digital infrastructure in 2025. MTN Group is reportedly seeking Nigerian investors to acquire up to 30 per cent stake in IHS Nigeria to facilitate the acquisition of IHS Holding Limited. The company aims to export technology, services, platforms, and intellectual property across Africa.

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