Home / FINANCE / MTN Nigeria to be listed on the Nigerian Stock Exchange this Year!

MTN Nigeria to be listed on the Nigerian Stock Exchange this Year!

MTN CEO, Rob Shuter Says that MTN Nigeria Will list on the Nigerian Stock Exchange Before the End of this Year

The Chief Executive Officer of MTN Group, Rob Shuter has disclosed that its Nigerian subsidiary, MTN Nigeria will be listed on the Nigeria Stock Exchange (NSE) before the end of this year.

He made this known in an interview with CNBC Africa on the sidelines of the World Economic Forum taking place in Davos, Switzerland.

This revelation may be a confirmation of a report by Nairametrics, yesterday, that the Chief Executive Officer of Nigeria Stock Exchange, Oscar Onyema had said that the exchange is still in talks with the Telco Giant to list on the NSE.

Rob Shuter was quoted thus:

“I had a very good meeting with Oscar in the week, so we absolutely committed listing MTN Nigeria on the Nigeria stock exchange. we were very far advanced last year, but of course, as you can imagine, some of the difficulties we had that has slowed us down. But we actually intend to complete the listing in 2019, and I think that we are in good shape to do that.”

This is not the first of the promise of an MTN Nigeria’s listing on the NSE. Recall that sometimes in April last year, Rob Shuter disclosed that the telecommunications company will be listing its Nigerian unit on the Nigerian Stock Exchange (NSE) by the end of 2018.

Kogi State government shuts Down MTN Facilities over Tax Backlog

This came after Shuter suggested in November 2017 that the process would be concluded by mid-year 2018.

Recall that MTN had agreed to the NSE initial public offering (IPO) as part of the settlement of a $1 billion fine imposed by local regulators in 2015.  The telco had incurred the penalty after its failure to disconnect unregistered subscribers before the set deadline.

And there were speculations that subsequent fines may have thwarted the aspiration. Recall that the Central Bank of Nigeria (CBN) ordered Africa’s largest wireless carrier to return $8.1 billion it allegedly repatriated illicitly over a period of eight years until 2015. The decision caught the company and its shareholders off guard and the shares plunged, the most in 20 years and its lowest value since 2009.

The recent resolutions may have helped this new resolution. But, we do hope that the promise will eventually find its fruition in 2019.

About Dotun Roy

DotunRoy.com is a development driven news website with the overall goal of amplifying, promoting and advocating for positive societal change through Sustainable Development advocacy in line with UN SDGs components such as education, environmental sustainability and Climate Change, Human Rights, health, finance, housing, good governance as well as security in Nigeria and across the world.


  1. Hey there, I think your website might be having browser compatibility issues. When I look at your website in Ie, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, amazing blog!

  2. Du Cytotec Pour Expulser Buy Zithromax Online In Usa vardenafil in osterreich erhaltlich Buy Super Active Viagra Online Free Potenzmittel Cialis 20mg

  3. Levitra Bayer 10 Mg Womens Tadalis Sx Soft generic cialis from india Acticin Purchasing Website Shop

  4. Cialis Precio En Espana Acheter Viagra Par Paypal Propecia Prevencion viagra Dapoxetina Janssen Online Stendra Discount

  5. Ou Acheter Cialis En Ligne Forum Macrobid Urinary Tract Infections cialis Comparateur De Prix Propecia Propecia Crescina

  6. Drugs Similar To Cephalexin Buy Periactin Pills acheter du viagra pas cher en france Frontal Balding Propecia Cheap

  7. Zithromax Class Action Acheter Cialis Doctissimo Viagra Et Levitra canadian pharmacy cialis 2077 Buy Periactin Weight Gain Pills

  8. How Long Before Cialis Starts To Work Acheter Cialis Lilly Renal Dosing Keflex generic cialis Viagra E Tachicardia Online Pharmacy Uk Tadalis Sx Soft Healty Man

  9. Levitra Walmart $9 Propecia Covered By Benefits Cheap Cialis On Line No Rx cialis tablettes Primatene Mist In Canada Propecia 1yr Dose For Amoxicillin In People

  10. Amoxil Dosis Infantil Amoxicillin Enlarged Prostate Cialis Discount Paris viagra Viagra Store Usa Cialis 20 Rezeptpflichtig

  11. Viagra O Levitra Cipla Viagra Products generic cialis canada Order Now On Line Isotretinoin Medicine Fedex Shipping Viagra Grenoble What Is Cephalexin For Pets

  12. Pediatric Dose Amoxicillin Cialis Alle Erbe Naturale Buy Tadalista cialis 20mg for sale Propecia Does It Work Men Vrai Cialis Prix

  13. Cialis From Usa Pharmacy Bentyl Website Discount cheap cialis online Pille Viagra Generika Potenzmittel Propecia Does It Work Frontal Hair Loss Doxycycline Isotretin Best Website

  14. Tomar Cialis Y Alcohol Best Online Canadian Pharcharmy Levitra purchase buy viagra Cialis 20mg 8 Filmtabl

  15. Priligy Mexique medicamento priligy 60 mg Misoprostol 20mg Uk

  16. Cialis Frau Forum viagra 100mg Lasix Amoxicillin For Venereal Diseases Cialis 20 Mg Foglietto Illustrativo

  17. Cialis E Altri viagra purchase accutane online

  18. [url=http://thomasinteriorsystems.com/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com]885[/url], [url=http://akm56.ru/bitrix/rk.php?goto=http://canadianpharmacynda.com/]60[/url], [url=http://www.indigo.pro/bitrix/redirect.php?event1=&event2=&event3=&goto=https://canadianpharmacynda.com/]709[/url], [url=http://quatropartners.com/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com]551[/url], [url=http://countrygirl.tv/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com]84[/url], [url=http://mypersonalskincare.com/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com]416[/url], [url=http://cleanmydmsdata.com/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com]829[/url], [url=http://jenileejewelry.com/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com]104[/url], [url=http://curbyourenthusiasm.de/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com&sgroup=1]713[/url], [url=http://wepianos.com/__media__/js/netsoltrademark.php?d=canadianpharmacynda.com]534[/url]

  19. What color is your urine when your viagra without a doctor prescription is high? Sweet-smelling urine typically indicates the aspect of sugar or glucose. Of progression, having diabetes increases the chances of spilling glucose into the urine if blood glucose levels are too high. The kidneys last wishes as require their first essay to get at rid of excess glucose some time ago blood glucose levelshttp://medicationotc.com no prescription viagra climb exposed to 180 mg/dl. June 22, 2017 13:26

  20. I have been checking out a few of your posts and it’s clever stuff. I will make sure to bookmark your site.

Leave a Reply

Your email address will not be published.

Social Media Auto Publish Powered By : XYZScripts.com