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: 1,877


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

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!

 

You may also like...
Cultist rapes, beheads lady

Nigerian warship heads for The Gambia

Boko Haram sponsorship: Ohanaeze youths give APC deadline...

Delta to utilise dry season for road construction...

IGP blows hot over brewing police strike

DEVELOPING SCANDAL: Petroleum Minister ALLISON-MADUEKE named in copyright...

Job creation: Breakthrough for Obiano as SABmiller assures...

Kidnapped Lagos council chairman Bamigbetan FREED

Anambra scores another first in NECO examination

Army, Police probe Government House shootout

Ogoni Clean-Up: Buhari a better son of the...

Villagers battle kidnappers, foil attempt to abduct a...

 

Latest News FG recovers N37b, $666m from looters French voters want Obama as President Bwari Abuja residents cry out over electricity woes, accuse AEDC of overloading transformer FUT Minna expels 44 students Donors pledge $672m to tackle Boko Haram crisis Supreme Court upholds expulsion of suspended Assemblies of God General Superintendent Lagos State Government canvasses increased attention for manufacturing sector British Army pledges assistance towards ending insurgency in Nigeria’s North East Political blunders by South-East APC Leaders, By Innocent Ebirim Okadigbo Police arraigns 85-year old man for giving false information RIWAMA embarks on massive cleaning of Rivers canals Court discharges arrest order on Osun monarch, secretary

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (229,632 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (208,813 views) Shameless Genevieve Nnaji exposes breasts in public (173,743 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (160,520 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (147,064 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (130,771 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (114,497 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (114,420 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (101,875 views) Lagos plane crash: Journalist releases victims’ names (97,640 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (92,528 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (81,576 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (26) Business (2,466) Business Verdict (14) Columnists (634) Complaints & Requests (81) Enterprise & Opportunities (138) Entertainment (288) Features (387) Global Business Monitor (138) International (1,272) Interviews (113) Live Commentary (28) Love Matters (41) News (21,762) Opinion (648) Pidgin (8) Politics (3,580) Religion (481) Sports (1,232) Stock Watch (12) AMA & Al Jazeera Global Update

 

 

CBN Advert

 

Tuface Idibia Cancels February 6 Planned National Protest

 

APO Newsbreak logo

 

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!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

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!