MTNN
ICT NGXMTNN
closing price · trade date July 21, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About MTNN
MTN Nigeria Communications Plc (MTNN) is a leading provider of communications, broadband, and digital services in Nigeria, operating as a key subsidiary of the multinational MTN Group.
MTN Nigeria Communications Plc commenced operations in August 2001, pioneering the mobile telecommunications revolution in Nigeria. Over more than two decades, the company has expanded its network infrastructure to become one of the largest telecommunications operations on the African continent, serving tens of millions of active subscribers across all 36 states and the Federal Capital Territory.
The company offers a comprehensive suite of services, including cellular voice, data, enterprise solutions, and digital applications. MTN Nigeria has been a key driver of digital inclusion in the country, constantly upgrading its network from legacy technologies to advanced high-speed 4G and 5G systems to meet the growing digital demands of Nigerian businesses and consumers.
In May 2019, MTN Nigeria reached a historic milestone by listing its shares on the Premium Board of the Nigerian Exchange (NGX). This public listing facilitated broader local ownership, allowing Nigerian retail and institutional investors to participate directly in the telecom giant's corporate journey and financial growth.
Fundamentals & Ratios
Company metrics where available.
Dividend History
Network Expansion and Technology Leadership
MTN Nigeria continues to prioritize capital expenditure toward expanding network capacity and coverage. The firm has rolled out extensive fiber-optic cables and thousands of base stations to support its high-speed 4G and newer 5G deployments. These investments are designed to handle surging data traffic and improve overall quality of service.
Fintech and Mobile Money Acceleration
A critical growth engine for the company is its fintech arm, led by the MoMo Payment Service Bank (MoMo PSB) license. This service enables MTN to offer mobile money, payment processing, and other financial services to millions of unbanked and underbanked Nigerians. This diversification strategy leverages the company's extensive airtime distribution network to drive financial inclusion.