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The Securities and Exchange Commission (SEC) on Monday disclosed that MTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE).
SEC Head, Corporate Communications, Efe Ebelo, who confirmed the development explained that, the company’s application was presently receiving attention.“SEC can confirm that we are in receipt of an application from MTN requesting for registration of their existing securities.“They have applied for listing by introduction which will enable the company to be listed and allow shareholders sell their shares on the floor of the exchange,” Ebelo said.
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