MTN Nigeria Delivers 152% Gain on Investment Year-To-Date
Despite a rough start to the year, investors who staked bets and stuck to MTN Nigeria Plc closed the year stronger with better-than-expected capital appreciation and a surprise interim dividend payment.
According to data obtained from the Nigerian Exchange (NGX), the telecom company share price fell by N27.7 or 5.21% to N504 following a last-minute sell-off last week.
The last week selloff reduced the company’s year-to-date return to 152%, having opened the year at N200 per share. Share price fell as investors traded 3.239 million units of MTN Nigeria valued at N1.628 billion, pulling the telecom company down from its 52-week high.
Hence, the market value of MTN Nigeria Plc’s 20.995 billion outstanding shares reduced to N10.581 trillion, 5.21% below the highest value reached in the local bourse in 2025.
Before the sell pressure, MTN Nigeria had delivered 165.9% year to date return to shareholders in addition to an interim dividend of N5 payment following a strong earnings rebound.
In its stock recommendation note, Meristem Securities Limited said at N531.70, MTN Nigeria is priced at discount relative to N596.25 target.
The investment firm said the company remains one of the dominant players in Nigeria’s telecommunications industry and continues to deliver strong financial performance.
MTN Nigeria reported a +57.41% year-on-year increase in revenue at the end of nine months of the financial year 2025 period.
The company reported an exceptional 257.90% year-on-year surge in profit after tax to N1.13 trillion from N713.60 billion. Meristem Securities Limited said the stock retains its appeal as a consistent dividend payer and reiterated its buy recommendation.
The telecom company’s upside potential increased following selloffs that pulled the stock down from its highest valuation in 52 weeks. Naira Poises for Strong Year-End as CBN Funds Liquidity Gap
