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Nairaland Forum / Nairaland / General / Investment / How To Invest In MTN Nigeria Shares. (30683 Views)
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How To Invest In MTN Nigeria Shares. by Joevics(m): 8:53am On May 17, 2019 |
MTN Nigeria Communication Plc successfully floated its shares on the Nigeria stock exchange market yesterday Thursday 15th May. The shares price is placed at a unit price of N90 per share, making it the second largest listed company in Nigeria. The shares started trading around 2.14 PM on Thursday, only 16 minutes before the market closed for the day. MTN stocks provide an amazing investment opportunity for anyone who wishes to invest. With revenue of 282 billion naira in the first quarter and having solidified its place as Nigeria topmost communication giant, putting your money in MTN stock would be a good investment according to analysts. If you are interested in investing in MTN Nigeria stocks, then you can follow this guide to get on with it. Investing in stock today is quite easy unlike before, here are the three basic steps you should take to make your investment. Open An Account With A Stockbroker A stockbroker is your access to the market. They are licensed to trade share and other instruments like commodities, indices and currencies. Typically, you will need millions to invest in stocks, but the stockbroker buys in large quantity and allows individuals open mini trading accounts with little capital. There is a list of licensed stockbrokers by the Nigerian Stock Exchange (NSE) and the Security and Exchange Commission (SEC). Here is a list of licensed stock brokers with the NSE coned from the NSE Website >>http://locals.com.ng/list-of-active-members-stock-traders-with-the-nigerian-stock-exchange/<< Choose a stockbroker that will suit you. Check for their charges and features. Most brokers have apps that allow you trade on your phone; some have various other tools that aid your trading. Choose the one that suits your trading style. The requirement for opening an account is no different from those you need to open a bank account. Fund your account After opening your account, you need to fund it to be able to place order for shares. The MTN Nigeria share has a price of N90/share, so you have to furnish your account with enough funds to purchase as much shares as you want. You can chat up your broker to know of any charges and make enquiries if you are confused. Place your orders The final step of the process is to place your orders. As stated earlier, most stockbrokers have online platforms where you can easily place your orders. However, if you find it difficult getting through with it, then simply email your broker to place the orders for you. Note that each stock broker has a minimum number of shares you can buy. Some allow as low 5,000, 10,000, and upwards. The MTN Nigeria share rose by 10 percent at the close of market yesterday Thursday May 16, 2019, giving it a market value of 2.01 trillion naira. There is a massive rush for MTN shares and the time to invest is now. http://locals.com.ng/mtn-nigeria-lists-stock-on-the-nse-how-to-invest/ 14 Likes 3 Shares
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Re: How To Invest In MTN Nigeria Shares. by fatboyebele(m): 10:30am On May 17, 2019 |
UMM stock pick of the week SUNU Assurances plc Based on fundamental analysis and recent trading volumes, this stock is projected to go on a significant bull run in the near future SUNU Assurances Nigeria Plc has assured shareholders that recent corporate changes will lead to better performance in the years ahead. At the annual general meeting yesterday in Lagos, directors of the insurance company said the rebranding of the company and appointment of new management reflected the company’s commitment to long-term growth. 1 Like |
Re: How To Invest In MTN Nigeria Shares. by Bollinah(f): 12:46pm On May 17, 2019 |
✌� |
Re: How To Invest In MTN Nigeria Shares. by Nobody: 12:47pm On May 17, 2019 |
Thanks |
Re: How To Invest In MTN Nigeria Shares. by destiny10: 12:47pm On May 17, 2019 |
. |
Re: How To Invest In MTN Nigeria Shares. by chatom143: 12:47pm On May 17, 2019 |
Like MMM, like MTN. 4 Likes 1 Share |
Re: How To Invest In MTN Nigeria Shares. by Pabloosas(m): 12:48pm On May 17, 2019 |
Thanks |
Re: How To Invest In MTN Nigeria Shares. by Dottore: 12:48pm On May 17, 2019 |
MTN stocks are worth investing into but the problem is that the shoddy services and fraudulent intent of Nigeria stock brokers is a big challenge. Who else is not happy with the webhosting shortfalls of Nairaland.com. VERY POOR 30 Likes 4 Shares |
Re: How To Invest In MTN Nigeria Shares. by okirewaju(f): 12:48pm On May 17, 2019 |
Good luck |
Re: How To Invest In MTN Nigeria Shares. by SouthSouth1914: 12:48pm On May 17, 2019 |
MTN Nigeria Communication Plc successfully floated its shares on the Nigeria stock exchange market yesterday Thursday 15th May. The shares price is placed at a unit price of N90 per share, making it the second largest listed company in Nigeria. The shares started trading around 2.14 PM on Thursday, only 16 minutes before the market closed for the day Thursday was not 15th!.. 3 Likes 2 Shares |
Re: How To Invest In MTN Nigeria Shares. by Horus(m): 12:54pm On May 17, 2019 |
https://www.youtube.com/watch?v=jKCQT5PLWxQ MTN Nigeria list stocks worth $6bn on the Nigerian Stock Exchange MTN Nigeria plans to float 6 billion dollars’ worth of stock on the Nigerian Stock Exchange through its listing by way of introduction today. So how will this impact trade dynamics going forward? 1 Like |
Re: How To Invest In MTN Nigeria Shares. by Horus(m): 12:55pm On May 17, 2019 |
1 Like |
Re: How To Invest In MTN Nigeria Shares. by GidiChoice: 12:55pm On May 17, 2019 |
20000 units for a start... |
Re: How To Invest In MTN Nigeria Shares. by Nobody: 12:57pm On May 17, 2019 |
Dottore: Nairaland is still in the past A forum that should have had its own coin by now And done a multi million dollar ico Anyway it serves it basic purpose for now . 17 Likes |
Re: How To Invest In MTN Nigeria Shares. by iammo(m): 12:58pm On May 17, 2019 |
Intresting Info, you can never find such meaningful post on facebook or Instagram... thanks to nairaland and the O.P , that was how i stumbled accross Treasury bills and Mutual Fund thread... cant say how gratefull i am for some of this informative threads 24 Likes 2 Shares |
Re: How To Invest In MTN Nigeria Shares. by pinkyruledworld(m): 1:00pm On May 17, 2019 |
maybachmusic:Awon eyan CZ U aha no wan make I chop this crypto money maybachmusic:Awon eyan CZ U aha no wan make I chop this crypto money |
Re: How To Invest In MTN Nigeria Shares. by Nobody: 1:01pm On May 17, 2019 |
SouthSouth1914: All their shareholders are private investors , so unless they desperately need cash, which is unlikely to happen, the public ain't getting any share of MTN for now. The general public would have to wait for the MTN's Initial Public Offering, which is slated for later this year. This is just LISTING not IPO. Thanks Op btw! 20 Likes 3 Shares |
Re: How To Invest In MTN Nigeria Shares. by chloride6: 1:02pm On May 17, 2019 |
Dont buy MTN shares now!!! There is a liquidity squeeze right now.. So the price is inflated... It has added 20% from the listing date... Wait let it cool off.. Then you can buy or wait for a public offering.. 16 Likes 2 Shares |
Re: How To Invest In MTN Nigeria Shares. by kufre2010(m): 1:02pm On May 17, 2019 |
stop sport betting invest in stock 1 Like |
Re: How To Invest In MTN Nigeria Shares. by Nobody: 1:03pm On May 17, 2019 |
pinkyruledworld: Crypto money dey flow for everyone Just no allow make dem brand u G sha Autobots. Arbitrage etc dey pay But na ICO sure pass Anything NSe I no fit touch with stick. Waste of money 2 Likes |
Re: How To Invest In MTN Nigeria Shares. by Healthgwr: 1:15pm On May 17, 2019 |
Welcome developments......................... Joevics: |
Re: How To Invest In MTN Nigeria Shares. by writeprof(m): 1:17pm On May 17, 2019 |
Shares ke! I run away... Stumbled on the certificate of Oceanic bank shares I bought in 2007. Ecobank came reduced a thousand plus shares to less than 100. Bye-bye to shares in Nigeria for me. 4 Likes 1 Share |
Re: How To Invest In MTN Nigeria Shares. by Okoyeebows: 1:21pm On May 17, 2019 |
Before you put 1 Naira in the Nigerian stock exchange, go and watch THE WOLF OF WALL STREET. Nigerian Stock Exchange is a place run by Judas Iscariots. Go and find out what Ndi Okereke Onyuike did there. Go and find out what Transcorp did there. People regularly get burnt in that place of corporate scammers, you need sound financial education to make money there. MTN borrowed 200 Billion for a 7 year tenure from a consortium of banks just Friday 17th of May. You see that fine Mtn paid, they are stylishly collecting it back from Nigerians. They would eventually dump everything and run off like Etisalat. They are scamming as much people as possible preparatory to running away. The banks they obtained the loan from know this but they don't care. They would willingly take over Mtn like they did to Etisalat 17 Likes 2 Shares |
Re: How To Invest In MTN Nigeria Shares. by MobilityExpress: 1:25pm On May 17, 2019 |
Fantastic article! Nice work OP. 1 Like |
Re: How To Invest In MTN Nigeria Shares. by cheomah: 1:25pm On May 17, 2019 |
Any idea on the lowest amount one can invest please? fatboyebele: |
Re: How To Invest In MTN Nigeria Shares. by MobilityExpress: 1:25pm On May 17, 2019 |
writeprof: 1 Like |
Re: How To Invest In MTN Nigeria Shares. by MobilityExpress: 1:30pm On May 17, 2019 |
Okoyeebows: Unless it's a multinational oil company like Mobil etc, or multinational FMCG like Nestle, Nigerian Breweries etc, those ones their stocks keep rising and good to invest in. Others your name is OYO 1 Like |
Re: How To Invest In MTN Nigeria Shares. by Nobody: 1:31pm On May 17, 2019 |
Okoyeebows:You seem to know what's up about stock trading. If I invest 20k, let's say in MTN shares, how much am I likely to make on a good day? 1 Like |
Re: How To Invest In MTN Nigeria Shares. by Nobody: 1:32pm On May 17, 2019 |
Nigeria stocks issa no no |
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