The largest telecommunication industry in Nigeria MTN rank top in the Nigeria Stock Exchange list as the most capitalized company in the country. Dangote Cement was the one topping the chart with a value gap of #782 billion before MTN climb to the top.  The company covers the track with a 2.74 per cent growth that increased its stock to #138.70 and values its market at #2.82 trillion. MTN Nigeria stock performance was calculated from the telco’s index announcement data to the date of official inclusion. Morgan Stanley Capital International (MSCI) Frontier Markets Index is yet to add MTN. Records reveals that MSCI Frontier Markets Index has always provide positive growth on stock prices, with consideration that stocks added to the index outperform local index on an average of 4.1%. The Telco has an added advantage to gather more shares due to MTN prospective inclusion into the market index, looking at the fact that the company will be paying dividends of #2.95 to its shareholders per share.   

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