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MTN Nigeria to sell 14% of shares to retail investors

MTN Nigeria SURGES On Data – Tekedia Forum – Tekedia

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.