MTN set to join Nigerian Stock Exchange

After 18 years operations in Nigeria, the MTN Group has said it will list on the Nigerian Stock Exchange in the first half of 2019.

The telecommunications giant said this in a statement issued on Thursday.

It said: “MTN plans to list by introduction on The Nigerian Stock Exchange during the first half of 2019 and is looking to simplify the capital structure ahead of this listing.

“The Company’s listing on the Exchange will create a new telecoms asset class for investors and provide an opportunity for a wider group of Nigerians to participate in our investment story.”