MTN retained its position as the largest mobile network operator in Africa and has a significant presence in Nigeria, where it holds a large market share of internet users.
According to MTN ‘’ESG’ Facts behind the Sustainability reports, its sixth consecutive edition, released @ NGX Event centre, Nigeria Exchange Group House, Lagos, as of March 2025, MTN Nigeria had 84.6milion active subscribers, a strong dominance in the country with market share of 51.39per cent, highest internet user in Nigeria making it the leader of Africa’s digital solutions.
It has the largest and most valuable platform, having the largest Fibre network in Nigeria which other operators depend on.
The gathering was to reaffirm its position as a leader in Environmental, Social and Governance (ESG) and impact delivery in Nigeria’s telecommunications sector. It made significant strides across core sustainability metrics in the past year, as well as Nigeria’s path for the future.
Speakers on the occasion include Mr Jude Chiamaka CEO, Nigerian Exchange Limited (NGX) ,Mr Olufemi Shobanjo CEO (NGX) Regulation, Mr God’s Time Iwenekhai, Market Head of (NGX)Issuer Regulation, Mr Sam Chidoka MD/CEO Anchoria Advisory service Limited, The Chairman, MTN Social ethic and Sustainability Committee Mr Abubakar B. Mahmoud, Chief Corporate Service & Sustainability officer ,Mr Tobechukwu Okigbo, Mr Esosa Balogun GM Risk Management MTN.
The report analysed the commitment of MTN Nigeria on sustainable business practices, climate change, inequality, governance lapses and social impact and competition issues.
As climate change and house Sustainability challenges continue to reshape global priorities, ESG factors’ that will become critical decision making today.
“Sustainable investment accounts for more than three per cent of global access under management; the momentum is only expected to accelerate the feature of finance that must balance with purpose.
“Integrating ESG principles is no longer a choice, but essential for sustainable value creation and national competitiveness as business legal regulators and indicators share responsibility to drive the transformation and work together to not only build a capital market, but draw investment, support societal progress and environment,” he said.
Mr Shobanjo explained the critical roles sustainability played in shaping capital markets, economy and society, as a commitment to future generation.
Okigbo described MTN as proudly Nigerian and African origin, not being South Africa’s firm. He said MTN has taken five deliberate steps to localize the organization and have more Nigerians participate in securing 11per cent shared value in stock markets, which unfortunately couldn’t take place , hoping for the future.
“Embedding in “ESG” enabled people to share in the organization benefits generated through it. The Firm pledge “50, 50” in recruitment and training to give room for gender equality and more women participation, Creating programme that will bring those that left work two to three years, in the cost of caring for their children back into the workforce, also given opportunities to reintegrate into playing a role in the economy. The course of the Materiality test carried out shows that Nigerians were not interested in any other things than privacy and consumer rights. They want to be sure their data is secured and used in a responsible manner. The way to solve the issues is treating customers fairly,” Okigbo said.
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