BREAKING: MTN finally lists on NSE — adds N1.83trn to market cap

MTN Nigeria has finally been listed on the Nigerian Stock Exchange.

The telecommunications giant was listed on the industries sector of the national bourse, 18-years after its first investor call was made by Pascal Dozie, the brain behind the Diamond Bank.

“Our MTN Chairman & CEO have been presented with the official plaque, commemorating this monumental milestone in yet another historical moment for us,” the telco said Thursday.

The listing was concluded at the Nigerian Stock Exchange on Thursday in Lagos.

Speaking at the event, Oscar Onyeama said the telecommunications company has added N1.83 trillion to the market capitalisation of the Nigerian exchange.

“I congratulate the Board and Management of MTN Nigeria on its successful listing on NSE Premium Board,” he said.

“As you know, Board is the listing segment for the elite group of issuers that meet the Exchange’s most stringent corporate governance and listing standards”

More to follow…