Shell Nigeria Yudala
MTN unfolds plan to list on the Nigerian Stock Exchange in 2017

By News Express on 28/07/2016

Share on facebook Yahoo mail icon Gmail icon

Views: 2,029


MTN Group, Africa’s biggest mobile phone operator, says its Nigeria unit is on track to list on the Nigerian Stock Exchange in 2017 as part of an agreement with the government.

MTN said in June that its local unit would list on the Nigerian bourse after agreeing to pay a reduced fine of $1.7bn in a settlement of a long-running dispute with the government over unregistered SIM cards.

MTN Nigeria aimed for the listing to take place during 2017, subject to market conditions, the company said on Thursday.

MTN is the largest mobile phone operator in Nigeria, with 57-million subscribers, and the country accounts for about a third of its revenue.

MTN Nigeria appointed Stanbic IBTC Capital, Standard Bank and Standard Advisory London, and Citigroup Global Markets, as joint transaction advisers and global co-ordinators, with Stanbic acting as lead issuer. (Reuters)

Source News Express

Posted 28/07/2016 09:53:40 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
US declares readiness to take on Niger Delta...

Protests: Osinbajo commends Police, promises end to recession...

Abacha loot divides AGF, NSA, EFCC

NDLEA arrests 230 drug suspects in Abia, convicts...

Sokoto assembly moves to end flooding

Army reads Riot Act to IPOB, MASSOB, herdsmen,...

Late stunner gives hosts France opening win as...

Memories of Sandy Berger and ‘The Poorest Oil-Rich...

Troops gun down 30 Boko Haram fighters, ambush...

Ajaokuta Steel Company is back in Nigeria’s control...

Al-Makura seeks re-election as Nasarawa Gov, unfold second...

Keshi names killer squad for the Battle of...

 

Latest News Magu, Hameed Ali: Senate draws first blood; refuses to confirm RECs nominated by Buhari Buhari backs out of Sambisa trip Boko Haram kidnaps 10 in Borno community Teenage Boko Haram member forced to kill 13 people Famine, drought, war threaten millions of children in northeast Nigeria, Somalia, South Sudan and Yemen: UNICEF Ogun mobilises contractors back to site 2017 Budget Report: Dogara gives committees deadline Food Poisoning: Cross River Govt. vows to prosecute culprits Drama, as Dino Melaye wears academic gown to Senate plenary Ali versus Senate: The way forward, By Bernard Balogun Oyo Govt. sets up Agency for Planning, Development Control Borno declares Dec. 22 public holiday to mark recapture of Sambisa forest from terrorists

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (235,251 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (213,719 views) Shameless Genevieve Nnaji exposes breasts in public (177,670 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (162,077 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (151,089 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (133,455 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (116,716 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (115,715 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (103,307 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (100,385 views) Lagos plane crash: Journalist releases victims’ names (98,827 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (93,479 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,498) Business Verdict (14) Columnists (656) Complaints & Requests (82) Enterprise & Opportunities (143) Entertainment (293) Features (411) Global Business Monitor (144) International (1,314) Interviews (116) Live Commentary (28) Love Matters (49) News (22,785) Opinion (666) Pidgin (8) Politics (3,628) Religion (493) Sports (1,246) Stock Watch (15) AMA & Al Jazeera Global Update

 

 

JAMB Sale of 2016/2017 UTME/DE applications

 

CBN Advert

 

Mohammed Anas thanks 'wife and girlfriend' (full interview)

 

APO Newsbreak logo

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!