MTN Nigeria's market capitalisation surged to ₦16.37 trillion, outpacing BUA Foods and Dangote Cement to become the most capitalised stock on the Nigerian Exchange.
MTN's recovery is one of the most dramatic turnarounds in Nigeria's corporate sector. The telecom operator resumed dividend payments in early 2026 for the first time since 2022 — announcing an interim dividend of ₦5 per share, set to return an estimated ₦104.95 billion to shareholders.
From dividend suspension to market kingpin — that's a comeback story worth studying.
MTN went from FX losses to market leader in under two years. Does this make it a must-hold stock in your portfolio — or has the easy money already been made?
MTN's recovery is one of the most dramatic turnarounds in Nigeria's corporate sector. The telecom operator resumed dividend payments in early 2026 for the first time since 2022 — announcing an interim dividend of ₦5 per share, set to return an estimated ₦104.95 billion to shareholders.
From dividend suspension to market kingpin — that's a comeback story worth studying.
MTN went from FX losses to market leader in under two years. Does this make it a must-hold stock in your portfolio — or has the easy money already been made?