NSE capitalisation rises 17.87% as MTN Nigeria lists 20.35 billion shares

WorldStage Newsonline– The Nigerian Stock Exchange (NSE) on Thursday halted nine consecutive days decline as the market capitalisation rose by N1.89 trillion or 17.87 per cent to close at N12.526 trillion against N10.627 trillion recorded on Wednesday, thanks to the listing of MTN Nigeria Communications Plc 20.35 billion shares at N90 per share.

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Photo News: Listing of MTN Nigeria at Nigerian Stock Exchange

L – R Mrs. Erelu Angela Adebayo, Member, National Council Member, The Nigerian Stock Exchange (NSE); Mr. Aigboje Aig-Imoukhuede, CON, Ex-Officio​, NSE; Mr Oscar N. Onyema, OON, Chief Executive Officer, NSE; Mr. Ferdi Moolman, Chief Executive Officer, MTN Nigeria Communication Plc; Dr. Pascal Dozie, CON, Chairman, MTN Nigeria Communication Plc; Mr. Bolaji Balogun, Chief Executive Officer, Chapel Hill Denham; Mr. Abubakar Balarabe Mahmoud, SAN, OON, First Vice President​, NSE; and Mr. Gbenga Oyebode, MFR, Director, MTN Nigeria Communication Plc during the Listing of MTN Nigeria Communications Plc on the Premium Board of The Exchange today in Lagos.

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