Tag: MTN

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MTN Nigeria Signs N200bn Medium Term Loan Facility

MTN Nigeria Communications Plc has announced the signing of a 7-year N200 billion Medium Term Facility with a consortium of seven (7) mostly local banks, with Citibank acting as coordinator and Quantum Zenith as Facility Agent.

NSE gains N1.9 trillion as MTN Lists 20.35 billion Shares

The market capitalisation of equities listed on the Nigerian Stock Exchange rose by N1.90tn on Thursday after MTN Nigeria Communications Plc listed 20.35 billion shares on the Exchange.

MTN Nigeria Makes N184 billion in First day of Listing

MTN Nigeria Communications Plc gained a huge sum of N184 billion in the first day of its listing on the premium board of the Nigerian Stock Exchange (NSE).

MTN Nigeria’s Listing will Set its Value at $5billion

MTN Group Ltd. will list its Nigeria unit in Lagos on Thursday in a move that will value the pan-African wireless carrier’s largest business at 1.8 trillion naira ($5 billion).

Court Rejects AGF Objection in MTN Case

The Federal High Court (presided over by the Honourable Justice Aneke), has delivered its ruling, rejecting the Notice of Preliminary Objection filed by the AGF in response to MTN’s lawsuit. The substantive case is now scheduled to be heard on June 26.

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