Shell Energy Entrepreneurs banner Yudala banner
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: 3,253


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 3:53:40 PM

 

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...
Okowa lauds progress of road construction in Asaba,...

Boko Haram relocating to Kano

267 suspected criminals nabbed in Abia

Dangote Group donates N40 million relief materials to...

Chadian troops rescue 43 Boko Haram child soldiers...

CBN launches Naira Forex Futures Market

Ex-NIMASA DG rearrested despite meeting bail conditions

Abia cabinet ratifies Ikpeazu’s projects •Gov urges team...

NiMET predicts cloudy weather and thunderstorms today

FG urged to fund nutrition to save children...

Misguided passion for one Nigeria

THEY LIED AGAINST CHIME •National Human Rights Commission...

 

Latest News 16 states ready for cattle colonies, more on the queue — FG Army sets up cattle ranches across the country South East APC leaders reject Okorocha Concerned Nigerians drag Buhari to court, want NIA’s new DG sacked 300 give birth in IDP camp Police captures kidnapper of Americans, Canadians in Kaduna Goal feast in EPL as Arsenal, Chelsea win, United close in on City Buhari crowns Obasanjo ‘Father of Open and Distance Education in Nigeria’ Dickson advocates more support for education •Hails OBJ for NOUN PhD feat Cameroonian refugees flood Nigeria Ambode declares war on refuse, vows to clean up Lagos NiMet predicts sunny, hazy, mist/fog, cloudy skies on Sunday

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (315,877 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (306,062 views) Shameless Genevieve Nnaji exposes breasts in public (245,309 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (201,646 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (190,261 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (179,634 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (155,736 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (140,068 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (136,168 views) Lagos plane crash: Journalist releases victims’ names (124,649 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (121,922 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (119,061 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (33) Business (2,854) Business Verdict (32) Columnists (792) Complaints & Requests (94) Enterprise & Opportunities (200) Entertainment (431) Features (541) Global Business Monitor (222) International (1,749) Interviews (139) Live Commentary (28) Love Matters (100) News (32,044) Opinion (868) Pidgin (10) Politics (4,362) Religion (666) Sports (1,408) Stock Watch (26) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

Thierry Henry in Lagos Nigeria

 

APO Group Partner

 

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!