MTN Group Ltd. appointed units of Citigroup Inc. and Standard Bank Group Ltd. as advisers on a planned listing of the wireless company’s Nigeria business on the country’s local stock exchange, part of a deal struck with the West African nation’s government to settle a record fine.

Africa’s biggest mobile-phone operator is targeting a listing of the Nigeria unit in 2017, “subject to suitable market conditions,” the Johannesburg-based company said in a statement on Thursday. Stanbic IBTC Capital, the Nigerian arm of Johannesburg-based Standard Bank, will be the lead issuing house, while a full syndicate including Nigerian parties will be appointed in due course.

MTN agreed to list the unit in Nigeria, the company’s biggest market, as part of a deal to pay a 330 billion naira ($1 billion) fine in cash to the Nigerian government for missing a deadline to disconnect unregistered subscribers. The shares gained 0.2 percent to 144.28 rand as of 9:05 a.m. in Johannesburg, still 24 percent lower than when the fine was levied in October.

http://businessdayonline.com/mtn-names-citigroup-standard-bank-as-nigeria-listing-advisers/ l

Is it safe to say

A BIG thief


Just engaged


Rookie thiefs in the grand scheme to keep milking us...

Make I dey save buy dem shares

South Africa buys South Africa, so they cannot engage any Nigerian company to advise them on Nigeria stock market.
A closed circuit to manipulate share prices

We dey wait

Good morning to you all

who dem epp

.

Good.

They couldn't even make use of one of our indigenous banks. Well it's their business.

People reading it, like they understand








ThefakeStan

This is long overdue. Also a good way to add value to the Nigerian Capital market.

Head or tail we have nothing to lose.

I no know them!

Good morning

hmm

Ok noted

Am i the only one who doesn't understand 60 % of what OP is saying ?

OP na so CNN dey report news give you ba?.. Oya come back summarise wetin you post

South African Entities always putting themselves first ahead ofor others irrespective of where they meet. I wish we Nigerians could learn from this







....In other news...e don tey wey I enter front page. I dedicate this victory to my bae Iya Bisi alakara

I will comment later meanwhile,
Need chemistry or basic science teacher with five years teaching experience? Email saawuandavid@gmail.com

All na to defraud us.


Check my signature please

Good morning nairalanders.

their money their business.... next

Good

Africa’s biggest mobile-phone operator is targeting a listing of the Nigeria unit in 2017, “subject to suitable market conditions,” the Johannesburg-based company said in a statement on Thursday. Stanbic IBTC Capital, the Nigerian arm of Johannesburg-based Standard Bank, will be the lead issuing house, while a full syndicate including Nigerian parties will be appointed in due course.

MTN your cup is full. So up till now you have not paid the fine from FG.you thought that Baba Sai is joking. This network is going down. No Wonder i can't see your advert the way i used to see. Thieves
Your using the network to defraud a whole Naija

They simply chose their SA banks. They don't trust Nigerian banks.