The Nigerian Stock Exchange on Thursday announced the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc.
Commenting on the development, National Council President, NSE, Abimbola Ogunbanjo, said the bourse is particularly pleased that MTN Nigeria has joined the prestigious club of companies listed on our Premium Board with what he described as a landmark transaction, which will differentiate it as a professionally run telecommunications company with high standards, having met The NSE’s listing criteria.
On his part, the Chief Executive Officer, NSE, Oscar Onyema, said, “We are delighted to welcome MTN Nigeria to the Exchange. Today’s listing is a promising development in the country’s telecommunications sector and we encourage other players in the sector to explore the different opportunities in the capital markets for raising long term capital.
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