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Mtn Nigeria Communications Ltd

MTNN.LG

Latest Trade

175.00NGN

Change

-1.00(-0.57%)

Volume

1,354,677

Today's Range

175.00

 - 

175.00

52 Week Range

120.00

 - 

188.00

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

Pricing

Previous Close
176.00
Open
175.00
Volume
1,354,677
3M AVG Volume
30.82
Today's High
175.00
Today's Low
175.00
52 Week High
188.00
52 Week Low
120.00
Shares Out (MIL)
20,354.51
Market Cap (MIL)
3,562,040.00
Forward P/E
13.22
Dividend (Yield %)
5.97

Next Event

Q3 2021 MTN Nigeria Communications Ltd Earnings Release

Latest Developments

More

MTN Says MTN Nigeria Commits To Expanding Broadband Access Across Nigeria

MTN Says MTN Nigeria Completed Issuance Of Series III And Series IV Commercial Papers

MTN Says MTN Nigeria Communications Acquires Additional 800MHz Spectrum

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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

Karl Olutokun Toriola

Chief Executive Officer - Designate

Modupe Agbolade Kadri

Chief Financial Officer, Executive Director

Mazen Mroue

Chief Operating Officer

Mohammed Lawal Rufai

Chief Technical Officer

Key Stats

1.83 mean rating - 6 analysts
Sell
Hold
Buy
Revenue (MM, NGN)

2019

1,169.7K

2020

1,346.4K

2021(E)

1,536.6K
EPS (NGN)

2019

9.930

2020

10.080

2021(E)

13.234
Price To Earnings (TTM)
14.13
Price To Sales (TTM)
2.38
Price To Book (MRQ)
17.80
Price To Cash Flow (TTM)
6.69
Total Debt To Equity (MRQ)
633.58
LT Debt To Equity (MRQ)
484.29
Return on Investment (TTM)
21.11
Return on Equity (TTM)
12.90

Latest News

Latest News

Nigeria still processing telecom firm MTN's licence renewal

Nigeria's communications commission said on Tuesday MTN Nigeria's application to renew its operating licence for another ten years was still undergoing regulatory processing.

MTN Nigeria to invest $1.5 billion to expand broadband over three years

MTN Nigeria plans to invest 600 billion naira ($1.5 billion) over the next three years to expand broadband access in Africa's most populous country, its chief executive said on Monday.

MTN warns of service disruption in Nigeria due to rising insecurity

MTN's service in Nigeria could be disrupted as a result of rising insecurity in different parts of the country, the local unit of South Africa's telecoms group said on Tuesday.

MTN warns of service disruption in Nigeria due to rising insecurity

MTN's service in Nigeria could be disrupted as a result of rising insecurity in different parts of the country, the local unit of South Africa's telecoms group said on Tuesday. (Reporting by Chijioke Ohuocha; Editing by Jon Boyle)

Nigeria says telecoms firms can resume new SIM card sales

Nigeria has given the green light to telecoms firm operating in the country to resume selling new SIM cards from Monday, four months after it suspended them to check compliance with registration rules, the government said.

Nigeria seeks to boost mobile banking with fixed transaction fee

Nigerian regulators have set a flat fee for financial transactions done via mobile phones, replacing a billing system that caused disagreements between telecoms firms and lenders.

UPDATE 1-MTN could complete Nigerian SIM card order within six months - executive

* Nigeria ordered all telecoms firms to add ID number to SIM cards

MTN could complete Nigerian sim card order within six months - executive

MTN could be compliant with Nigeria's order that telecommunications firms add valid National Identification Numbers (NIN) to all registered sim cards within six months, while a ban on sales of new sim cards was unlikely to last that long, executives said on Thursday.

UPDATE 1-Nigeria gives telecoms providers two weeks to add ID numbers to SIM cards -statement

Nigeria has given telecommunication providers two weeks to add valid National Identification Numbers (NIN) to every SIM card registered in the country, according to a statement from the Nigeria Communications Commission.

Nigeria gives telecoms providers two weeks to add ID numbers to SIM cards -statement

Nigeria has given telecommunication providers two weeks to add valid National Identification Numbers (NIN) to every SIM card registered in the country, according to a statement from the Nigeria Communications Commission.

Nigeria sets capital rules for mobile money licences

Nigeria's central bank said it will grant more licences for payment service banks but set a minimum capital base of $13 million, which could deter telecoms firms and some other potential new entrants to the digital financial services sector.

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.

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

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