African Stock Exchanges

MTNN - MTN Nigeria

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MTNN share price on Nigerian Stock ExchangeMTNN share price on Nigerian Stock Exchange

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.

MTNN124.00 ▪ 0.00
Last Trading ResultsGrowth & Valuation
Opening Price:124.00Earnings Per Share:--
Day's Low Price:--Price/Earning Ratio:--
Day's High Price:--Dividend Per Share:--
Traded Volume:460,637Dividend Yield:--
Number of Deals:97Shares Outstanding:20.35b
Value/Turnover:57.15mMarket Capitalization:2,523.96b
Monetary values are quoted in Naira (NGN) unless otherwise stated

MTNN Stock Market Performance


The current share price of MTN Nigeria (MTNN) is NGN 124.00. The MTNN stock closed its last trading day (Friday, September 25, 2020) at 124.00 NGN per share on the Nigerian Stock Exchange. MTNN began the year with a share price of 105.00 NGN and has since gained 18.1% on that price valuation, ranking it 15th on the NSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about MTNN knowing that the stock has accrued 5.26% over the past four-week period alone. The table below details the last 10 trading days of activity of MTN Nigeria on the Nigerian Stock Exchange.


Profile of MTN Nigeria Communications Plc

MTN Nigeria Communications Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. The company is led by Ferdinand Moolman as its Chief Executive Officer. The company's board of directors, chaired by Pascal Dozie, is composed of 13 members whose names are listed below.

  1. Dozie, Pascal
  2. Moolman, Ferdinand
    Chief Executive Officer
  3. Oyebode, G.
    Board Member
  4. Bello, M. Sani (Col.)
    Board Member
  5. Odili, V. (Chief)
    Board Member
  6. Folawiyo, B.
    Board Member
  7. Dasuki, A. (Mallam)
    Board Member
  8. Norman, P.
    Board Member
  9. Gasant, R.
    Board Member
  10. Toriola, K.
    Board Member
  11. Shuter, R.
    Board Member
  12. Mupita, R.
    Board Member
  13. Schulte-Bockum, J.
    Board Member
Factsheet of MTN Nigeria Communications Plc
Mobile Telecommunications
4 Aromire Street, Off Kingsway Road, Ikoyi, Lagos, Nigeria

MTNN Industrial Market Competitors

MTN Nigeria Communications Plc, issuers of the MTNN stock on the Nigerian Stock Exchange, have one market competitor who is also engaged in the Telecommunications sector and/or the Mobile Telecommunications industry. The table below gives you an overview of their market standing.

CodeNameMkt. Cap.L. PriceYearTD
AIRTELAFRIAirtel Africa Plc1.43t380.00+27.1%

Index of African Stock Exchanges:

  1. BRVM Stock Exchange
  2. Botswana Stock Exchange
  3. Ghana Stock Exchange
  4. Lusaka Stock Exchange
  5. Malawi Stock Exchange
  6. Nairobi Securities Exchange
  7. Nigerian Stock Exchange
  8. Zimbabwe Stock Exchange

Comments (2)

  1. Olusegun OlusanyaOlusegun Olusanya
    Jun 9, 2020 05:08 GMT

    Is MTNN—MTN NIGERIA the same as MASS TELECOM INNOVATION NIGERIA1 PLC or the latter was the former name?


    1. Michael KwayisiMichael Kwayisi
      Jun 9, 2020 08:20 GMT

      No. Mass Telecom Innovation (MTI) is an industrial engineering and construction services company whereas MTN is a telecom network operator. The "telecom" in MTI's name is because it began as a company specialized in the installation of copper and fiber-optic cables for telecom service operators.

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