MTN Nigeria, which did not join the Nigerian Stock Exchange until 20 May 2019, has rapidly risen to become one of the most valued companies on African financial markets, with a market capitalization currently worth $5.83 billion. The company has seen its value rise above that of its parent company since August 9, 2019.

For more information, please see https://www.ecofinagency.com/telecom/1305-41361-mtn-nigeria-is-now-worth-more-on-the-stock-market-than-its-south-african-parent-company