Tag Archives: MTN

The Minister of Communications, Adebayo Shittu, has urged MTN Nigeria to list its shares on the Nigerian Stock Exchange, describing it as important for the company. MTN, which is Africa’s biggest mobile phone operator, had said it aimed to list its Nigerian unit on the local bourse but has given no date. “I want to appeal to you that you …

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MTN Group expects to report a full-year loss due to a one billion dollars regulatory fine in Nigeria and for under-performance both in Nigeria and South Africa, the company said on Wednesday. MTN had agreed in June to pay Nigeria a N330 billion (1.05 billion dollars at the time) fine for missing a deadline to cut off unregistered SIM cards …

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Indications have emerged that the MTN Group will not list the shares of its Nigerian unit on the Nigerian Stock Exchange (NSE) in 2017. This was made known by the Chief Executive Officer, Phuthuma Nhleko, at the annual meeting of the World Economic Forum in Davos, Switzerland. “We see ourselves as a partner to governments in Africa because it is …

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Former Speaker Seeks listing of big corporations on NSE The former Speaker of the Federal House of Representatives, Honourable Dimeji Bankole has joined the league of eminent Nigerians that are calling for the listing of big corporations operating in Nigeria on the floor of the Nigerian Stock Exchange (NSE). He made the call at the Gala Night for the 20th …

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  If united, Nigerian Church can bring corporate world to its kneels-Paul Play Dayo Emmanuel     Popular musician, Paul Play Dairo has identified poor marketing and distribution network as challenges in marketing Christian music in Nigeria. Answering questions recently on a social media group of Christian Talent Community (CTC); a group comprising of over 200 talents, Dairo revealed that, …

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The Senate has announced the engagement of international forensic experts to probe the involvement of Minister of Trade and Investment, Okechukwu Enelamah, Diamond Bank and IBTC Bank, among others in a case of alleged repatriation of $13.9 billion by telecoms giant, MTN. Chairman of the Senate Committee on Banking, Insurance and other Financial Institutions, Sen. Rafui Ibrahim (APC, Kwara) disclosed …

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MTN targets 2017 date for listing on the exchange …Citigroup, Standard Bank as listing advisers Barring any last minute change in decision, leading mobile telecommunications company, MTN have concluded plans to list its share on the Nigerian Stock Exchange (NSE) in 2017. The company said it is taking some concrete steps towards having the company quoted on the local bourse, …

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