MTN Nigeria registers to list 20.4 bln shares at 0.02 naira each

LAGOS, May 7 (Reuters) – MTN Nigeria said on Tuesday it has registered to list 20.4 billion ordinary shares at 0.02 naira ($0.0001) each with the country’s securities regulator.

The South African telecoms firm said in its statement it has started negotiations with the stock exchange to complete the listing.

$1 = 306.3000 naira
Reporting by Alexis Akwagyiram and Chijioke Ohuocha; writing
by Paul Carsten; editing by Jason Neely

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