MTN Nigeria Communications PLC (NGX:MTNN)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
825.00
+5.00 (0.61%)
At close: Oct 16, 2026

NGX:MTNN Market Cap

NGX:MTNN has a market cap or net worth of 17.29 trillion as of October 16, 2026. It is the 1,741st most valuable company in the world and the 2nd biggest in Nigeria. Its market cap has increased by 75.04% in one year.

Market Cap
17.29T
Enterprise Value
19.19T
Revenue
5.82T
Global Rank
Country Rank
#2 Nigeria
PE Ratio
12.31

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Since May 20, 2019, NGX:MTNN's market cap has increased from 2.44T to 17.29T, an increase of 609.31%. That is a compound annual growth rate of 30.25%.

History

DateMarket Cap% Change
Oct 16, 202617.29T61.34%
Dec 31, 202510.72T155.54%
Dec 31, 20244.19T-24.24%
Dec 29, 20235.54T26.66%
Dec 30, 20224.37T8.98%
Dec 31, 20214.01T15.95%
Dec 31, 2020 Pro Pro
Dec 31, 2019 Pro Pro
May 20, 2019 Pro Pro

Market Capitalization

Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.

Formula: Market Cap = Stock Price * Shares Outstanding