MTNN - MTN Nigeria
MTN Nigeria Communications Plc, established in February 2001, is the Nigerian subsidiary of the MTN Group - a telecommunications group operating in 22 countries across Africa and the Middle East. Since inception, MTN Nigeria has led the growth of the telecom industry to become the biggest mobile operator in the whole of West Africa. It began with a 900/1800MHz second-generation digital mobile service, but upgraded to 3G in 2007. With over 55 million subscribers, MTN Nigeria provides cellular network services and technology solutions to millions of Nigerians through 15 service centers, 144 Connect Stores, and 247 Connect Points located in every state of the country. MTN Nigeria is 75.81% owned by MTN International (Mauritius) Limited, 18.7% by Nigerian shareholders through special purpose vehicles, 2.78% by Mobile Telephone Networks NIC B.V, and 1.76% by Public Investment Corporation SOC Limited.
MTN Nigeria is listed on the Nigerian Stock Exchange (NGX) since May 16th, 2019. MTN is traded on the NGX under the ticker symbol “MTNN”. The International Securities Identification Number (ISIN) of NGX:MTNN is NGMTNN000002. MTN Nigeria is currently the second most valuable stock on the NGX with a market capitalization of NGN 12.2 trillion, which makes about 11.4% of the entire Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 1.11M |
| Number of Deals | 4,118 |
| Gross Turnover | 640M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 21B |
| Market Capitalization | 12.2T |
MTNN Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +5.45% | +9.08% | +20.8% |
| 6MO | 1YR | YTD |
|---|---|---|
| +45% | +140% | +13.5% |
The current share price of MTN Nigeria (MTNN) is NGN 580.00. MTNN closed its last trading day (Monday, January 19, 2026) at 580.00 NGN per share on the Nigerian Stock Exchange (NGX). MTN began the year with a share price of 511.00 NGN and has since gained 13.5% on that price valuation, ranking it 54th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about MTNN knowing the stock has accrued 9% over the past four-week period—85th best on NGX.
MTN Nigeria is the 58th most traded stock on the Nigerian Stock Exchange over the past three months (Oct 20, 2025 - Jan 19, 2026). MTNN has traded a total volume of 154 million shares—in 130,987 deals—valued at NGN 78 billion over the period, with an average of 2.44 million traded shares per session. A volume high of 17.9 million was achieved on January 13th, and a low of 630,808 on December 10th, for the same period. The table below details the last 10 trading days of activity of MTN Nigeria on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2026-01-19 | 1,113,594 | 580.00 | ||
| 2026-01-16 | 1,256,590 | 580.00 | ||
| 2026-01-15 | 2,325,509 | 580.00 | -25.00 | -4.13% |
| 2026-01-14 | 2,717,205 | 605.00 | ||
| 2026-01-13 | 17,934,317 | 605.00 | +55.00 | +10.00% |
| 2026-01-12 | 1,538,128 | 550.00 | ||
| 2026-01-09 | 1,813,893 | 550.00 | +39.00 | +7.63% |
| 2026-01-08 | 1,087,262 | 511.00 | ||
| 2026-01-07 | 1,061,122 | 511.00 | ||
| 2026-01-06 | 1,221,688 | 511.00 |
Profile of MTN Nigeria Communications Plc
MTN Nigeria Communications Plc was founded on February 9, 2001 and operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.
Factsheet of MTN Nigeria Communications Plc
- Sector
- Telecommunications
- Industry
- Mobile Telecommunications
- Address
- 4 Aromire Street, Off Kingsway Road, Ikoyi, Lagos, Nigeria
- Telephone
- +234-80-3100-0180
- Website
- www.mtnonline.com
MTNN Industrial Market Competitors
MTN Nigeria Communications Plc, issuers of the MTNN stock on the Nigerian Stock Exchange, have two market competitors who are also engaged in the Telecommunications sector and/or Mobile Telecommunications industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| AIRTELAFRI | Airtel Africa Plc | 8.53T | 2,270.00 | |
| BAPLC | Briclinks Africa Plc | 62.5M | 6.25 |
