MTN Nigeria's Share Price Hits Record N515 on NGX, Analysts Bullish on Future Growth

MTN Nigeria's share price crossed the N500 mark for the first time on October 22, 2025, reaching a new all-time high of N515 on the Nigerian Exchange (NGX). Despite facing challenges such as currency devaluation and inflation, the company reported its best-ever half-year financial performance in 2025, with revenues hitting N2.38 trillion and net profit standing at N414.9 billion.

Analysts expect MTN to achieve a full-year revenue of N5 trillion, making it one of the best-performing equities in 2025. Abigael Adesina, a research insight analyst, cautions that MTN's share price is currently trading below projected levels but remains optimistic about its future prospects.