The Nigerian Stock Exchange (NSE) yesterday defended the listing of MTN Nigeria Communications Plc, saying it followed due process and did not violate listing rules just as the illiquidity of MTN shares continues while a few shareholders continue to reap big.
The share price closed yesterday at N131.70 per share after four days of trading, representing almost 50 percent rise in price.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article