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MTN to be Listed on Nigeria Stock Exchange


This is certainly a cheering news to the investing Nigeria public as    South Africa's MTN Group plans to  list its Nigerian unit on the stock exchange in Lagos once it has resolved a disputed $3.9 billion fine with the Nigerian authorities as confirmed by its chairman Phuthuma Nhleko, on Thursday.

The listing will afford Nigerians the opportunity to reap from a company to have so contributed much to in making it the leading telecom in Africa.
However MTN is still in discussion with the authority over the on the reduction of the$3.9 billion fine imposed on it for failing to deactivate unregistered SIM card users last year.


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