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Nigerian Stock Exchange

Last update 26 Jun 2026

MTNN · MTNN.LG

Nigeria · Communication Services · Wireless Telecommunication Services · NGN

Price history

MTN Nigeria Communications Plc is a Nigeria-based company, which is engaged in the business of building and operating Global System for Mobiles (GSM) Cellular Network Systems and other related services nationwide in Nigeria. The Company offers broadband fixed wireless access service, telecommunication services and mobile financial services respectively. The Company operates through three segments: Consumer Business Unit, Enterprise Business Unit and Wholesale Business Unit. The Consumer Business Unit segment consists of subscribers sitting on value propositions and tariff plans dedicated to three sub segments: Youth, High Value and Mass segments. The Enterprise Business Unit segment provides its products and services to corporate and small medium organizations to serve their everyday business needs. The Wholesale Business Unit segment serves customers who buy telecom products in bulk with the intention of re-selling these products (mobile or fixed) to their external clients.

Fundamentals

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Metric  (NGN, B) 2025 2024 2023 2022 2021
Revenue Total Revenue 5 164
EBITDA 2 592
EBIT 1 925
Net income Net Income 980
Operating margin 37%
Net margin 19%