for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Mtn Nigeria Communications Ltd

MTNN.LG

Latest Trade

117.00NGN

Change

-2.50(-2.09%)

Volume

1,186,414

Today's Range

118.00

 - 

119.00

52 Week Range

90.00

 - 

145.00

As of on the Nigerian Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
119.50
Open
117.90
Volume
1,186,414
3M AVG Volume
49.07
Today's High
119.00
Today's Low
118.00
52 Week High
145.00
52 Week Low
90.00
Shares Out (MIL)
20,354.51
Market Cap (MIL)
2,399,797.00
Forward P/E
10.24
Dividend (Yield %)
7.18

Latest Developments

More

MTN Nigeria HY EPS N4.66kobo

MTN Nigeria Communications Updates On Issuance Of 100 Bln Naira Commercial Paper Programme

MTN Nigeria Proposes Issuance Of Up To N50 Bln Series I & II Commercial Paper Issuance

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Mtn Nigeria Communications Ltd

MTN Nigeria Communications Ltd is a Nigeria-based company that provides mobile communications services in Nigeria. The Company offers a suite of communications products and services to its customers, including mobile voice, data and digital services, fintech and business solutions with second generation (2G), third generation (3G) and fourth generation (4G) long-term evolution (LTE) technology available in Nigeria. Its voice services include local, national and international calls made within Nigeria and internationally. Its also provides voice-based services, such as call forwarding, call me back, voicemail and conference call. It provides its customers with a range of entertainment, information and lifestyle digital content solutions. The Company’s subsidiaries include XS Broadband Limited, Yello Digital Financial Services Limited (YDFS) and Visafone Communications Limited.

Industry

Communications Services

Contact Info

4 Aromire Street

Off Kingsway Road, Ikoyi

Nigeria

https://www.mtnonline.com/

Executive Leadership

Ernest Chukwuka-Anene Ndukwe

Non-Executive Chairman

Ferdinand Moolman

Chief Executive Officer, Executive Director

Modupe Agbolade Kadri

Chief Financial Officer, Executive Director

Mazen Mroue

Chief Operating Officer

Mohammed Lawal Rufai

Chief Technical Officer

Key Stats

2.20 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, NGN)

2019

1,169.7K

2020(E)

1,315.5K
EPS (NGN)

2019

9.930

2020(E)

11.517
Price To Earnings (TTM)
12.12
Price To Sales (TTM)
1.93
Price To Book (MRQ)
17.22
Price To Cash Flow (TTM)
5.26
Total Debt To Equity (MRQ)
760.33
LT Debt To Equity (MRQ)
610.99
Return on Investment (TTM)
19.66
Return on Equity (TTM)
12.30

Latest News

Latest News

UPDATE 2-South Africa's MTN sticks to medium-term forecast as earnings rise

* South Africa market disappoints (Adds details, shares and graph)

S.Africa's MTN Q1 earnings rise, maintains medium-term guidance

South Africa's MTN Group reported higher group core earnings for the first quarter of 2020, and maintained its medium-term guidance on Thursday, bucking a corporate trend to withdraw or postpone issuing due to the coronavirus crisis.

UPDATE 1-Nigeria stocks post biggest rise in 3-months after lockdown is phased out

Nigerian stocks rose 3.12% on Tuesday to record their biggest rise in three months as shares gained across sectors a day after the government began a gradual easing of a coronavirus lockdown.

Nigerian funds switch to stocks, hoping for rebound as foreigners exit

Nigerian funds are switching back to equities from fixed-income securities, hoping for a stock market rebound later this year after a coronavirus-induced rout in oil prices prompted foreign investors to sell-off their holdings, market players said.

CORRECTED-MTN moves ahead on Nigerian stake sale with markets in turmoil -Bloomberg

MTN Group may have to consider a phased sale to reduce its majority stake in its Nigerian business but still plans to proceed with the disposal, Bloomberg reported on Tuesday.

UPDATE 1-Telecoms firm MTN to invest $1.6 bln in Nigeria - statement

Telecommunications firm MTN Group will invest $1.6 billion in Nigeria, the company said, after it resolved a major legal case with the government in its biggest market.

Telecoms firm MTN to invest $1.6 billion in Nigeria: statement

Telecommunications firm MTN Group, said it would invest $1.6 billion in Nigeria after it resolved a legal case with the government.

Nigeria seeks to boost revenue, support small firms with new finance law

Nigerian President Muhammadu Buhari has signed into law a new bill that seeks to boost government revenue through a rise in the value-added tax rate while at the same time supporting small businesses in Africa's biggest economy.

UPDATE 1-MTN Nigeria rises 10% after $2 bln tax case withdrawn

MTN Nigeria shares rose 10% on Monday to their highest in two weeks after the country's attorney general withdrew a $2 billion tax demand against the South African telecoms firm.

MTN Nigeria up 10% after government withdraws $2 bln tax case

MTN Nigeria shares rose 10% on Monday to their highest in two weeks after the country's attorney general withdrew a $2 billion tax demand against the South African telecoms firm.

UPDATE 3-Nigeria revokes $2 bln tax case against telecoms firm MTN

Nigeria's attorney general has withdrawn a $2 billion tax demand against South African telecoms giant MTN Group, the company and attorney general said on Friday, in a closely watched case that investors say has damaged Nigeria's appeal.

MTN Nigeria says attorney general withdraws demand for tax payment

The Nigerian unit of South African telecoms company MTN Group said on Friday the attorney general of Nigeria has withdrawn its $2 billion tax demand against MTN Nigeria.

MTN South Africa's mobile money service to go live in Jan 2020

MTN's mobile money service will go live in January in South Africa, allowing customers to send, receive, save money and pay for goods using their mobile phones, the mobile operator said on Wednesday.

CORRECTED-Nigerian stocks fall for seventh session to one-month low

Nigerian stocks fell to their lowest level in a month on Tuesday after shedding 1.11% as shares of the two most capitalised companies Dangote Cement and MTN Nigeria declined.

UPDATE 1-MTN's $2 bln Nigerian tax dispute case set for Jan. 30-31

A federal judge in Lagos has set Jan. 30 and 31 for the hearing of a $2 billion tax dispute between South Africa's MTN Group and the Nigerian government.

MTN's $2 bln Nigerian tax dispute hearing set for Jan. 30-31

A federal judge in Lagos has set Jan. 30 and 31 for the hearing of a $2 billion tax dispute between South Africa's MTN Group and the Nigerian government.

MTN Nigeria shares hit 3-month high after partial reopening

Shares of MTN Nigeria <MTNN.LG> hit a three-month high on Friday after the telecoms company's offices partially reopened following a shutdown due to anti-South African attacks in the West African country.

MTN Nigeria shares hit three-month high after partial reopening

Shares of MTN Nigeria hit a three-month high on Friday after the telecoms firm's offices partially reopened following a shutdown due to anti-South African attacks in the West African country.

Nigeria boycotts Africa economic summit over anti-foreign riots

Nigeria said on Wednesday it would boycott an Africa economic summit in Cape Town, intensifying a diplomatic row after a series of deadly attacks on foreigners in South African cities.

Nigeria police says to boost security at embassies, foreign businesses

Nigerian police plan to boost security at embassies and foreign businesses in the country in the wake of violence targeted at South African-owned companies, the police said on Wednesday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up