BREAKING: MTN finally lists on NSE — adds N1.83trn to market cap
MTN Nigeria has finally been listed on the Nigerian Stock Exchange.
The telecommunications giant was listed on the industries sector of the national bourse, 18-years after its first investor call was made by Pascal Dozie, the brain behind the Diamond Bank.
“Our MTN Chairman & CEO have been presented with the official plaque, commemorating this monumental milestone in yet another historical moment for us,” the telco said Thursday.
The listing was concluded at the Nigerian Stock Exchange on Thursday in Lagos.
Speaking at the event, Oscar Onyeama said the telecommunications company has added N1.83 trillion to the market capitalisation of the Nigerian exchange.
“I congratulate the Board and Management of MTN Nigeria on its successful listing on NSE Premium Board,” he said.
“As you know, Board is the listing segment for the elite group of issuers that meet the Exchange’s most stringent corporate governance and listing standards”
More to follow…
Related posts:
DMO dissatisfied with retail investor participation in debt market
$7.5bn power investment opportunity opens up in Nigeria for global investors
Singapore Airlines taps Airbus A350-900ULR for October launch of world's longest non-stop commercial...
NNPC records trading surplus of N17.16bn
Global food import bill set to rise above $1.3 trn in 2017
Nigeria's central bank governor, finance minister bullish on naira, albeit investors' loss of confid...
Nigerian insurer, Ensure, in buyout deal with Germany’s Allianz in African push
ASEA synergises, generates $1.2m grants in one year to drive efficient African exchanges
Aliko Dangote, Africa’s richest man, plans $4.6bn new investments in agriculture
Teleology Holdings' takeover of Nigeria’s 9mobile suffers set back on court ruling over sales
