MTN Nigeria completes NSE listing with N20.3bn shares at N0.02

May 08, 2019

Telecommunications giant, MTN on Tuesday completed listing on the Nigerian Stock Exchange (NSE) with a registration of 20,354,513,050 ordinary shares of N0.02 each with the Securities and Exchange Commission (SEC).

The Chief Executive Officer of the company, Ferdi Moolman who spoke after the successful completion said the process sets in motion the next steps in the company’s intended listing by introduction on the Nigerian Stock Exchange (NSE). 

He added, “I am excited we have achieved another milestone in our listing process and want to thank the SEC and the Corporate Affairs Commission (CAC) for supporting us through the process.

‘’We have now begun to engage with the Nigerian Stock Exchange (NSE) to complete the listing process.”

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