NCC counts listing gains as MTN shareholders make N1trn in 6 months

NCC Counts Gains of MTN Listing in Capital Market.

The regulatory action taken by the Nigerian Communications Commission (NCC) to facilitate the listing of MTN Nigeria on the country’s stock exchange market is yielding impressive results for the investing community. According to Umar Danbatta, the executive vice chairman of the commission, the listing of the telco has continued to bring economic gains to Nigeria and Nigerians in terms of boosting market capitalisation and yielding dividends to shareholders. This was in response to a report by market analysts that MTN investors have recouped approximately N1 trillion in price appreciation and…

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