MTN Considers Second Public Offer In Nigeria
MTN Group has revealed plans to further reduce its stake in MTN Nigeria through a second public share offer, aiming to cut its current 76 percent holding to 65 percent, once the unit returns to profitability. The initiative highlights the telecom giant’s commitment to expanding Nigerian ownership and enhancing retail investor participation in one of […]
Read MoreCourt Ruling Entrenches Nigeria’s Investor Relations
By Enam Obiosio The recent ruling by the Federal High Court in Lagos, dismissing an attempt by an MTN shareholder to block the Federal Competition and Consumer Protection Commission’s (FCCPC) investigation into the telecom giant, has brought to light critical lessons on corporate governance, regulatory compliance, and the essence of investor relations (IR) in […]
Read MoreMTN Nigeria’s Stock Soars 20% Amid Capital-Raising Success
MTN Nigeria Communications Plc (MTN Nigeria) has witnessed a significant rally in its share price, climbing over 20 percent month-to-date as of January 10, 2025. The stock, which now trades at N242, marks a strong recovery from its November 2024 low of N170. This resurgence reflects renewed investor confidence, bolstered by the company’s strategic capital-raising […]
Read MoreMTN Nigeria Announces Series 15, 16 Commercial Papers
MTN Nigeria has announced its intention to issue Series 15 and 16 Commercial Papers, targeting ₦50 billion under its ongoing ₦250 billion Commercial Paper Issuance Programme. This decision follows the overwhelming success of its Series 13 and 14 issuances, which raised ₦72.18 billion on November 29, 2024—a significant oversubscription of 144 percent against the initial […]
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