Capital Market Featured

MTN Nigeria successfully registers shares with SEC

MTN Nigeria Communications Plc (MTN) on Tuesday announced that it had successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the Securities and Exchange Commission (SEC).

The MTN Chief Executive Officer, Mr Ferdie Moolman, made this known in a statement in Lagos.

According to him, the completion of this process sets in motion the next steps in MTN’s intended listing by introduction on the Nigerian Stock Exchange (NSE).

“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,’’ he said.

Moolman said that MTN was guided by a vision to lead the delivery of a bold new digital world, saying that MTN Nigeria’s leadership position in coverage, capacity and innovation had remained constant, since its launch in 2001.==NAN

 

 

Related posts

FG backs MOMAS on electricity metering technology training for engineers

Editor

Presidency lists 15 major projects to be financed with proposed $4bn loan

Our Reporter

Adopting Agora’s options for revamping Nigeria’s economy

Our Reporter

Lagos restricts movement along Teslim Balogun Stadium

Our Reporter

Nigerians are better-off living as one, Onyema preaches to in-flight passengers

Editor

Customs raid Mubi market, seize foreign rice

Aliyu DANLADI