MTN Group’s Nigerian unit’s shares jumped as they began trading in Lagos, a step toward a partial sale of a majority 79% stake owned by Africa’s largest wireless carrier.
MTN Nigeria Communications rose 10% to ?99 as of 2.19pm, giving it a market value of ?2-trillion (R79.1-billion). That makes the mobile phone company the second biggest listed firm in Africa’s most populous country, behind only Dangote …
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This article originally appeared here: https://techcentral.co.za/mtn-nigeria-shares-soar-in-lagos-debut/89580/
