MTN completes N100bn commercial paper issuance

MTN pays shareholders better dividend of N9.40k per share

Listed telecoms company, MTN Nigeria, has completed the issuance of its series I and II notes, under its N100 billion commercial paper debt programme. The company announced the issuance in a notice to the Nigerian Stock Exchange and the investing public in a corporate filling signed Wednesday by Uto Ukpanah, the Company Secretary. According to the second most capitalized stock at the NSE, it priced the Series I 180-day CP at an effective yield of 4.90 per cent for N20 billion size and the Series II 270-day CP, sized at…

Read more