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MTN aims to list Nigerian unit on Thursday – sources

MTN said it would list 20.4bn ordinary shares on the Nigerian exchange.
MTN plans listing on Nigerian stock exchange within days. Picture: Bloomberg

South Africa’s MTN aims to list its Nigerian business on the Nigerian Stock Exchange on Thursday, two sources familiar with the listing told Reuters.

The telecoms firm, which has said it would list 20.4 billion ordinary shares on the Nigerian exchange, had held a meeting with analysts on Monday ahead of the planned listing.

Read: MTN raising $555m in Nigeria this year for expansion

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