MTN Nigeria to sell 14% of shares to retail investors
Quote from Ndubuisi Ekekwe on August 25, 2021, 9:52 PM
CEO of MTN Nigeria noted that the firm has started plans to sell 14% of its shares to retail investors to help it fund its new office and build a road on Nigeria's road-tax scheme: “We’ve initiated plans for the construction of a purpose-built, state-of-the-art head office in Lagos. We will also be selling down 14% of MTN shares to over two million Nigerian retail investors.’’
So, expect more MTN shares to be available for investors.

CEO of MTN Nigeria noted that the firm has started plans to sell 14% of its shares to retail investors to help it fund its new office and build a road on Nigeria's road-tax scheme: “We’ve initiated plans for the construction of a purpose-built, state-of-the-art head office in Lagos. We will also be selling down 14% of MTN shares to over two million Nigerian retail investors.’’
So, expect more MTN shares to be available for investors.
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