Tuesday, July 1, 2025
spot_img
- Advertisement -News Reviews Nigeria
BusinessInvestors Smile As MTN Nigeria Delivers 78% Return on Investment.

Investors Smile As MTN Nigeria Delivers 78% Return on Investment.

 June 23, 2025

According to stock recommendation data released by Afrinvest Securities Limited, MTN Nigeria Plc delivered a 78% return on investment from the beginning of the year to date. 

The telecom company’s share price settled at N355.90 in the equities market on Friday, its latest 52-week high price, which was at a significant distance from its lowest price in the same period.

The company’s impressive stock market performance was driven by post first quarter of 2025 earnings reaction in the stock market.
Investors confidence heightened in anticipation of better earnings outlook.

READ MORE; Boosting WhatsApp Call Quality In Nigeria: MTN Partners Meta.

The telecom stock was priced at N169, its lowest valuation in 12 months, following pressures on earnings and damaged shareholders’ funds.

MTN Nigeria has seen strong price recovery since the tariff hike in Nigeria. Though shareholders’ funds remained negative, the telecom company has raised short-term debt to meet working capital needs.

MTN has surpassed Afrinvest’s 12-month target price of N309.21, suggesting the telecom company is now overvalued, Afrinvest Securities Limited had advised investors to sell down the telecom stock on the back of an estimated 13% negative upside.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe Today

GET EXCLUSIVE FULL ACCESS TO PREMIUM CONTENT

We do analysis, summaries and evaluation of news stories.

TOPICAL VIDEO

Get unlimited access to our EXCLUSIVE Content and our archive of subscriber stories.

Exclusive content

- Advertisement -News Reviews Nigeria

Latest article

More article

- Advertisement -News Reviews Nigeria