The company has set off on a course to raise capital efficiently amidst the trying times.
The commercial paper issuance was 400% subscribed, with active participation from individuals, institutional investors.
MTN Nigeria, Dangote Cement, Nestle Nigeria, Stanbic IBTC, GT bank and Zenith bank were the highest paying dividend stocks on the floor of the NSE in 2019.
MTN Nigeria Communications Plc proposed Commercial Paper Issuance Offer begins today and is scheduled to close on Thursday, June 4, 2020.
Africa's Best Brands survey and rankings have established themselves as the most authoritative survey, analysis, and metric of brands in Africa.
MTN's 4G network currently covers approximately 40% of its coverage locations, which translates to about 65 million data customers.
Trading at Nigeria’s bourse remained thin, as many local investors remained on the sidelines
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"The group will continue to focus on business continuity and efficiency, and we have implemented strict measures to preserve resources and strengthen our resilience.”
Covid-19 does posses some risk for the company, particularly in the Nigerian context.