October 23, 2025
Investors have pitched their tents with MTN Nigeria ahead of the third quarter of 2025 earnings release as telecom company Hits 52-Week High pf N10.45T as Q3 Earnings Loom.
NTN market value moved higher to about N10.5 trillion, its record high on the Nigerian Exchange.
With it projections showing the telecom company will maintain its earnings growth and strengthened balance sheet quality, investors seeking positions have increased.
The telecom giant higher earnings expectations, stock analysts have raised their target prices for the telco, which controls about 60% of the market share in the Nigerian telecom sector.
READ MORE; MTN Nigeria Leads Top 8 Best-Performing Stocks Year-To-Tate At NGX.
According to Some stockbrokers MTN Nigeria will continue to get attention from investors seeking to take positions before its next earnings, fuelling market re-rating on the Nigerian Exchange.
Data from the local bourse showed MTN Nigeria trades its highest value in 52 weeks at N500 and its high since it became a listed company in the local bourse.
The share price rose by 4.17% to N500 as 2.461 million units of MTN Nigeria valued at N1.211 billion were traded on Wednesday. Hence, the market value of the telecom company’s 20.995 billion shares outstanding climbed to N10.497 trillion.
READ MORE; MTN Nigeria Post Pre-Tax Profit Of N419.613 Billion in Q2 2025
Analysts projected a bumper harvest given the strong industry fundamentals while the market anticipates that MTN Nigeria will release its Q3 earnings in the coming days.
The Nigerian equity market is expected to sustain its bullish momentum as improved investor sentiment is likely to support market stability, reinforce gains, and boost confidence through Q4 2025.
