MTN NIGERIA COMMUNICATIONS PLC-MTN NIGERIA H1 2026 EARNINGS RELEASE
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Previous close
₦857.10
Day range
₦837.00 – ₦837.00
Volume
7,482,741
12.5x P/E
Awaiting filing
3.6% yield
35/100 measured
Easy to trade
The latest saved price history for MTNN, with its range and direction at a glance.
Eye extracted 10 pages. Open the source or continue to Signals for the evidence trail.
MTN Nigeria Communications PLC provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria. It offers mobile telecommunications services, such as network, value added, and digital services. The company’s network services include voice, data, and short message services; value added services comprise airtime lending, mobile money, subscriber identification module back up, and voice-based services; and digital services consist of unstructured supplementary service data, interactive voice response, rich media, insurance, and e-commerce services. In addition, the company sells mobile devices and accessories, as well as provides digital, interconnect, and roaming services. The company was incorporated in 2000 and is based in Lagos, Nigeria. MTN Nigeria Communications PLC operates as a subsidiary of Mtn International (Mauritius) Limited.
Investors usually follow MTNN for its dividend profile, valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Position: Manager, Treasury Operations. Bought 12,100 shares, on 1 Jun 2026, at ₦820.00 per share, worth ₦9,922,000.00. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Position: Senior Manager, Regulatory Affairs b. Sold 20,000 shares, on 1 Jun 2026, at ₦819.90 per share, worth ₦16,398,000.00. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Position: Manager, Financial Planning b. Bought 100 shares, on 15 May 2026, at ₦800.00 per share, worth ₦80,000.00. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Director dealings
88
Reported buys, sells, and mixed dealings.
Official filings
14
Financial reports and company disclosures captured by Eye.
Market events
0
Insider, filing, dividend, and price events.
Source records
45
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 73/100 while turnover is thin at 0.018%. Whisone has moderate conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
ROE
316.5%
Return on equity
ROA
28.5%
Return on assets
Debt / equity
2.99
Lower is usually safer.
P/B ratio
18.86
Useful for book value support.
Dividend yield
3.6%
Current income signal.
98/100
Direction
Range-bound
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Valuation still leaves room versus fair value and analyst anchors.
Recent price behavior and momentum still support follow-through.
What can go wrong
Execution risk and market swings can still delay the forecast playing out.
Fair value
₦905.39
Analyst view
Buy
Analyst target
₦965.47
Forecast refresh
Updated 5h ago
Quality score
76
Growth score
80
These are the external analyst numbers and business outlook figures already synced into the company record.
Low target
₦6,000,000,000,000.00
High target
₦6,700,000,000,000.00
Revenue this year
₦6.44T
Revenue next year
₦7.82T
EPS this year
₦70.99
EPS next year
₦88.16
Dividend / share
₦13.12
Forward P/E
11.12
₦10.00
2023-03-28
Payment: 2023-04-20 | Qualification: 2023-03-27 | Yield at declaration: N/A
₦5.60
2022-08-19
Payment: 2022-08-26 | Qualification: 2022-08-18 | Yield at declaration: N/A
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
56.6
Momentum is currently in a neutral range.
Recent trend
Rising
+11.6% across the latest saved price window.
Volatility
Low
Beta is 0.39. Price has historically moved more calmly than the wider market.
52-week position
84% of range
Price is trading close to its 52-week high.
Volume confirmation
1.95x average
Trading activity is above average, giving the current move stronger participation.
MTNN may benefit from credit_rating. Confidence 95%.
Agusto & Co. raised MTN Nigeria's long-term national rating to Aaa, citing a strong balance sheet — implying improved creditworthiness and likely easier access to funding and investor confidence.
credit_ratings
MTNN may benefit from credit_ratings. Confidence 95%.
Agusto upgraded MTN Nigeria's long-term national rating to Aaa (from Aa+), which typically improves borrowing profile and credit perception.
digital_connectivity
MTNN may benefit from digital_connectivity. Confidence 95%.
The MTN partnership to expand statewide voice and data coverage is a sector-wide expansion of ICT services and connectivity.
increased data demand
MTNN may benefit from increased data demand. Confidence 95%.
Data revenue rose to ₦1.699tn (up ~38%), data remained largest revenue stream and active data users increased to 55.7m.
insider_share_acquisition
MTNN may benefit from insider_share_acquisition. Confidence 95%.
MTN Nigeria executed a corporate employee share acquisition of ~1.23m shares across five tranches (~₦921.8m), which the article states signals internal confidence and supports the company's shares.
market_share_lead
MTNN may benefit from market_share_lead. Confidence 95%.
Article states MTN Nigeria retained dominant position with 96,391,419 active subscribers (over half of total).
Sector spillover signals
infrastructure
MTNN may also move because the ICT sector may move with infrastructure. Confidence 95%.
Article states Nigeria's tourism growth is constrained by weak infrastructure, affecting the hospitality industry according to the Boulevard Hotel Group CEO.
digital_connectivity
MTNN may also move because the ICT sector may benefit from digital_connectivity. Confidence 95%.
The MTN partnership to expand statewide voice and data coverage is a sector-wide expansion of ICT services and connectivity.
FX
MTNN may also move because the ICT sector may move with fx. Confidence 90%.
The rating agency noted reduced foreign-exchange pressure following repayment of US dollar-denominated obligations improved the company's financial position.
H1 reporting / earnings season
MTNN may also move because the ICT sector may move with h1 reporting / earnings season. Confidence 90%.
Banks and other financial services firms (e.g., Zenith Bank) will file half-year results with NGX throughout July.
earnings reporting
MTNN may also move because the ICT sector may move with earnings reporting. Confidence 90%.
Consumer-sector listed firms are included in the July H1/Q2 reporting calendar.
earnings season / H1 reporting
MTNN may also move because the ICT sector may move with earnings season / h1 reporting. Confidence 90%.
Telecom/ICT companies (e.g., MTN Nigeria) are listed as holding board meetings and filing H1 results in July.
digital_inclusion
MTNN may also move because the ICT sector may benefit from digital_inclusion. Confidence 90%.
The MTN Nigeria partnership to expand voice and data coverage and state programmes to boost digital skills suggest a sector-wide boost in connectivity and digital participation.
equities_rally
MTNN may also move because the ICT sector may benefit from equities_rally. Confidence 90%.
Article states Nigerian equities posted N9.34 trillion in weekly gains, indicating the listed entity (NIGERIA) benefited from the market rebound.
MTNN
MTN Nigeria Communications Plc
Price: ₦837.00
P/E: 12.48
Yield: 3.6%
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Industry
Radiotelephone Communications
Founded
2000
Employees
2,001
Exchange
NGX
Ticker
MTNN
2026-07-30
Estimated earnings date
2026-07-29
Estimated earnings date
2026-04-29
₦21B
Book value / share
44.41