MTN Nigeria Communications PLC says it has issued N127 billion Series 1 & 2 Commercial Paper under its registered N150 billion Commercial Paper Programme. The issuance comprised two tenors – a 184-day Serie issuance priced at a 7.50 per cent…
The Central Bank of Nigeria (CBN) has granted MTN a final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed on Monday in a press release titled “the central bank of Nigeria grants final approval…
The equities market of the Nigerian Exchange Limited (NGX) closed transaction marginally yesterday on a positive note increasing by 0.16 per cent, extending the prior day’s gain to two trading sessions. The All Share Index (ASI) grew by 76.89 points,…
MTN Nigeria Communications Plc (MTN Nigeria) has announced that the public offer to retail investors for the sale of up to 575 million shares held in MTN Nigeria by MTN Group will be priced at N169.00 per share (the Offer).…
The market capitalization of the Nigerian Exchange Limited (NGX) appreciated by N646. billion week-on-week (W-o-W) to close at N22.572 trillion. Consequently, the NGX All-Share index closed the week higher by 2.95 per cent gain to close at 43,253.01 basis points.…
The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel Africa and 23 others. Specifically, the market capitalisation which opened at N22.569 trillion inched higher by N252 billion or 1.22…
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate Bond (Series II Bond), MTN’s Company Secretary, Mrs Uto Ukpanah, announced in a notice. The notice explained that the transaction…
By Kayode Tokede MTN Nigeria Communications Plc (MTN Nigeria) advises the Nigerian Exchange Limited (NGX) and the investing public that an application has been submitted to the Securities & Exchange Commission (SEC), for the clearance of transaction documents for MTN…
The Nigerian stock market extended positive growth on Wednesday by N25 billion due to buying interest in MTN Nigeria Communications (MTNN) and 13 others. Specifically, the market capitalisation which opened at N20.278 trillion inched higher by N25 billion or 0.12…
By Kayode Tokede MTN Nigeria Communications Plc, has announced the renewal of its Unified Access Service (UAS) and Spectrum for wireless local loop 900MHz and 1800MHz band licences. This is contained in a notice by MTN Nigeria signed by the…
