Market value of MTN Nigeria down by N905bn in one week
The market value of MTN Nigeria Communications Plc has depreciated by N905 billion in one week amid the equities market November 2025 downward trend.
WESTERNPOST gathered that the price of Nigeria Communications that closed October 31, 2025 at N520.10 per share,has depreciated by 8.3 per cent or N43.1 per share to close November 10, 2025, at N477 per share on the Nigerian Exchange Limited (NGX).
Following investors profit-taking in Nigeria Communications, among other big equities, the market capitalisation has depreciated by N3.3 trillion between October 31, 2025 to November 10, 2025
The market capitalisation that closed October 31, 2025 at N97.828 trillion, down by 3.38per cent or N3.3trillion to close November 10, 2025 at N94.526 trillion.
Capital market analysts attributed the downward movement in the Nigerian stock market to speculative trading by investors.
The equities market downward trend is coming on a backdrop of a post on Truth Social, by President Donald Trump, who had instructed the Pentagon to “prepare for possible action” and warned of an immediate suspension of U.S. aid to Nigeria, Africa’s most populous nation and an OPEC member.
President Bola Tinubu rejected Trump’s comments, calling them a misrepresentation of Nigeria’s “consistent and sincere efforts to safeguard freedom of religion and belief for all Nigerians.”
However, the Nigerian equities market has gained N35.1 trillion in 10 months of 2025, attributable to foreign exchange, among other reforms of the Federal Government that have boosted confidence.
For the 10 months 2025 performance of the equities market, analysts have attributed the 55.87per cent growth to stability in the foreign exchange market, companies recovering from foreign exchange losses, market liquidity, capital inflow, dominance of domestic investors, increasing portfolio investment, Central Bank of Nigeria (CBN)’s banking sector recapitalisation and insurance sector reforms have played a critical role in overall stock market performance in the period under review.
