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MTN Nigeria Completes N89.999Bn Series II Bond Issuance

MTN Nigeria, one of Nigeria’s mobile network operators (MNOs)  has successfully completed the issuance of its N89.999 billion Series II 10-year bond with a fixed rate of 12.75% due by 2031. This hint was given by the telco’s Company Secretary, Uto Ukpanah, in a disclosure to the Nigerian Exchange Group (NGX). The N89.999 billion Series […]

Economy News Extra Investments/Capital Market Latest News Technology Telecomms

MTN Secures SEC’s Approval To Launch Series II 10-Year Bond

MTN Nigerian Communications Plc (MTN Nigeria), one of Nigeria’s Mobile Network Operators (MNOs), has obtained the approval of the Securities and Exchange Commission (SEC)  to launch Series II 10-Year Fixed Rate Bond. A notice issued the telecom operator’s  Company Secretary, Uto Ukpanah, and sent to the Nigerian Exchange Group (NXG) indicated that the Series II Bond […]