MTN’s Nigerian business, which accounts for a third of the group’s profits, will list in that market on Thursday, the mobile operator says. The company has opted for a “listing by introduction”, meaning that the shares of existing MTN Nigeria shareholders will be listed without an additional public sale of shares. A public offering will be made at a later stage, MTN has said previously. “We appreciate the continued support afforded to us by the government, regulators and people of this great nation,” said MTN Nigeria CEO Ferdi Moolman.
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