MTN Nigeria Market Cap Hits 10.8 Trillion on NGX Amid Strong Financial Performance

MTN Nigeria's market capitalization on the Nigerian Exchange Group (NGX) (NGX: NGXGROUP) has surpassed 10.8 trillion, making it the third-largest capitalized stock. The company's stock price has surged to N515 per share, marking a 52-week high and a 157.5% year-to-date increase.

MTN Nigeria reported a net income of N414.9 billion in H1 2025, showing a remarkable 180% year-on-year growth. The financial turnaround was driven by strong revenue growth, leading to a surge in operating profit and a significant improvement in earnings per share.