MTN to give investors 1 share for every 20 bought

MTN Nigeria’s 10.7 million users boost fintech ambition

Karl Toriola, CEO of MTN Nigeria

MTN Group will give retail investors one share for every 20 shares they buy and hold for at least 12 months during a share sale this week, according to Karl Toriola, the chief executive officer of the Nigerian unit. f 575 million shares last week as part of plans to build a local shareholder base

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