MTN NIGERIA COMMUNICATIONS PLC (MTNN)
Nigerian Stock Exchange · Nigeria · prices in NGN · close of 21 Oct 2026
Key indicators
| Last close | NGN 825.00 |
|---|---|
| 52-week range | 429.30 – 915.00 |
| Return, 1 month / 3 months | −7.3% / −1.1% |
| Return, 1 year / 3 years | +71.9% / +230.7% |
| Trend | Uptrend |
| RSI (14) | 46 |
| Volatility (1 year) | 40.4% |
| Worst drawdown (1 year) | -21.3% |
| Average daily value traded | 2,623.24M NGN |
| Dividend yield | 5.6% |
Market X-Ray price-based
Five-year price chart navy: price · brown: 200-day average
About the company
MTN Nigeria Communications provides mobile telecommunications services to individuals, households and businesses across Nigeria. Its main offerings include voice calls, mobile data and digital services delivered over its cellular networks, along with enterprise connectivity and related services for corporate customers. The company is based in Lagos and operates as the Nigerian arm of the wider MTN group of telecommunications businesses, serving a broad subscriber base in cities and rural areas throughout the country.
On this site MTN NIGERIA COMMUNICATIONS PLC appears as a stock on the Nigerian Stock Exchange (Nigeria), code MTNN, with prices in Nigerian naira (NGN). Our dividend records, which start in 2019, show payments in 7 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.
Summary
MTN NIGERIA COMMUNICATIONS PLC (MTNN) trades on the Nigerian Stock Exchange in Nigeria. It last closed at NGN 825.00 on 21 October 2026.
Its price-based Market X-Ray is 77 out of 100 (a strong price profile), ranking 12 of 157 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.
Over the last year the price rose 71.9% and over the last three months it fell 1.1%. Returns are price returns, dividends not included.
Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.
The five lenses in numbers each metric is ranked against the other stocks on Nigerian Stock Exchange
| Lens and metric | Value | Score | Reading |
|---|---|---|---|
| Trend | 82 · Strong | Trading above its long-term averages and near its highs. | |
| Above 200-day average | 7.3% | ||
| From 52-week high | -9.8% | ||
| Momentum | 70 · Strong | Rising faster than most stocks on this exchange. | |
| 3-month return | -1.1% | ||
| 6-month return | 0.5% | ||
| 12-month return, skipping the last month | 85.4% | ||
| Stability (higher is calmer) | 75 · Strong | Calmer than most: low volatility and shallow drawdowns. | |
| Volatility, 1 year (lower is calmer) | 40.4% | ||
| Worst drawdown, 1 year (smaller is calmer) | -21.3% | ||
| Liquidity | 97 · Strong | Trades actively. | |
| Average daily value traded | 2,623.24M NGN | ||
| Zero-volume days | 0.0% | ||
| Income | 60 · Fair | Dividend is typical for this exchange. | |
| Dividend yield | 5.6% | ||
| Years with dividends | 4 |
Strengths
- Trend: Trading above its long-term averages and near its highs.
- Momentum: Rising faster than most stocks on this exchange.
- Stability (higher is calmer): Calmer than most: low volatility and shallow drawdowns.
- Liquidity: Trades actively.
Weak spots
No lens is weak against its exchange.
Returns
| 1 week | −2.3% |
|---|---|
| 1 month | −7.3% |
| 3 months | −1.1% |
| 6 months | +0.5% |
| 1 year | +71.9% |
| 3 years | +230.7% |
| 5 years | +374.1% |
Signals
| 50-day / 200-day average | 823.20 / 768.94 |
|---|---|
| Golden / death cross (60 days) | None |
| New 52-week high | No |
| Bullish RSI divergence | No |
| Average daily range (ATR) | 7.62 |
Technical summary
Recent dividends
| Ex-dividend date | Amount per share |
|---|---|
| 20 Aug 2026 | NGN 26.0000 |
| 9 Apr 2026 | NGN 15.0000 |
| 21 Nov 2025 | NGN 5.0000 |
| 17 Aug 2023 | NGN 5.6000 |
| 28 Mar 2023 | NGN 10.0000 |
| 19 Aug 2022 | NGN 5.6000 |
How to read this report
Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on Nigerian Stock Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.