Tag: Listing
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SEC in talks with NNPC, NLNG, foreign firms on possible NSE listing
The Securities Exchange Commission (SEC) has disclosed that it has started discussions with some big wigs in the oil and gas sector which includes the Nigerian National Petroleum Corporation (NNPC) and the Nigeria Liquified National Gas (NLNG) to list their shares on the Nigerian Stock Exchange (NSE). This disclosure was made by the acting Director-General…
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NSE postpones Airtel Africa listing
The Nigerian Stock Exchange (NSE) on Friday postponed the planned cross border secondary listing of 3,758,151,504 ordinary shares of Airtel Africa. The Exchange, in a mail, said that the postponement was necessitated by the need to ensure that the company met all the post NSE approval pre-requisites for listing on NSE. “NSE will provide further…
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MTN yet to submit application for listing – SEC
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has said that MTN Nigeria has not filed any application that could kick-start regulatory consideration of the proposed listing of the telco on the Nigerian stock market. SEC stated that while there had been some engagements with the telco, MTN Nigeria or its professional parties…
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MTN Nigeria speaks on delayed listing on NSE
A senior official of MTN on Wednesday explained why the South Africa-based telecom giant was yet to list its shares on the Nigerian Stock Exchange (NSE). Recall that In 2016, it was announced that MTN Group would offer part of its Nigerian unit to citizens of the country through an Initial Public Offering (IPO). The…
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NSE working with MTN to ensure listing – Onyema
The Chief Executive Officer of Nigerian Stock Exchange (NSE), Oscar Onyema has said NSE is working closely with MTN to ensure its listing on the nation’s bourse. Onyema made this known on Thursday, on the sidelines of the NSE 2016 market recap and outlook for 2017 in Lagos. Onyema said that the NSE team was…