Ignoring Headwinds Could Cost MTN-Nigeria, Investors Dearly
The Chartered Institute of Stockbrokers has urged the telecom giant, MTN, to properly iron out its regulatory issues before coming to the stock market for public offering to Nigerians - enabling the telecoms giant to list at an optimal price, favourable to the company and investors.
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Nigeria:
MTN May Halt Listing Over $10B Claims, Investors Bemoan Decision
Guardian, 3 October 2018
Embattled telecommunications firm, MTN, yesterday said its current face-off with Nigerian authorities might put on hold its listing billed for this year. Read more »
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Nigeria:
MTN May Suspend Nigeria's IPO, Considers Options
This Day, 3 October 2018
MTN Group has said it may no longer seek to raise capital through an Initial Public Offering (IPO) on the Nigerian Stock Exchange (NSE) as previously planned, while considering the… Read more »
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Nigeria:
'MTN Charged to Clear Regulatory Issues Before IPO
Guardian, 2 October 2018
The Chartered Institute of Stockbrokers (CIS), has urged the telecom giant, MTN, to dispatch with all regulatory headwinds properly before coming to the stock market for public… Read more »
An MTN facility in Abuja.
InFocus
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MTN Nigeria's troubles began when it was found that they didn't enforce the registration of SIM cards in the country. The registration, the government said, was one way in which to ... Read more »
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The telecom company has moved to protect its assets in Nigeria on behalf of its stakeholders, saying that it has decided to approach the country's courts to restrain authorities ... Read more »
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The telecom giant MTN Group is facing another demand from the Nigerian government over the payment of U.S.$2 billion in tax arrears. The bill comes just days after the country's ... Read more »