Browsing: MTN

The Nigerian stock market shrank by N2.34 trillion as investors dumped MTN Nigeria and Dangote Sugar

MTN Nigeria Plc lost about 7% of its market value on Wednesday as investors trimmed their holdings in the telecommunication company’s shares.

GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AAA(NG) and A1+(NG), respectively, accorded to MTN Nigeria Communications Plc.

MTN Group (MTN) released an update for the first quarter ended 31 March 2025. Service revenue increased 20.5% to R56.7 billion.  The topline was buoyed by 5.4% increase in customer base, which expanded to 312.7 million.

Dangote Cement Plc has overtaken BUAFoods and MTN Nigeria as the most valuable listed company on the Nigerian Exchange, with its market cap hitting N18.358 trillion at the close of trading on Friday.

MTN Nigeria Plc slumped by about 9% on the Nigerian Exchange amid a surge in transaction volume driven by sell-side actors. The share price declined, dragging MTN Nigeria’s market value back from the 52-week high reached after its Q1 2026 earnings.

MTN Nigeria Plc.’s market value topped N19 trillion on the Nigerian Exchange (NGX) as robust earnings performance triggered strong bargain hunting in the local bourse.

MTN Group Appoints New Board Members MTN Group has announced changes to the Group Board of Directors, with the appointment…

NGX Slips over Selloffs in MTN Nigeria, FirstHoldco The Nigerian Exchange (NGX) All-share index (ASI) slipped slightly as MTN Nigeria,…

MTN, GTCO Drive NGX Rally, Market Cap Surges Near N129trn The Nigerian Exchange (NGX) market capitalisation expanded to about N129…