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MTN to boost stock market liquidity by N375bn


MTN to boost stock market liquidity by N375bn
The Punch
Published 6 July 2021
The move by the MTN Group to offer 14 per cent of its 78.8 per cent sshares in MTN Nigeria to Nigerians will boost its stock market liquidity by N375bn, analysis of data has shown.
The company recently said through its Group President and Chief Executive Officer, Ralph Mupita, that the group planned to sell14 per cent of MTN Nigeria to Nigerian investors.
Mupita had said, “MTN Nigeria, in which MTN Group has a 78.8 per cent stake, sought to have the largest retail shareholder base on the Nigerian Stock Exchange, where it has a market capitalisation of N3.4tn ($8.2bn).” ....

Ikechukwu Nnamani , Funso Aina , Boniface Okezie , Gbenga Adebayo , Ralph Mupita , Karl Toriola , Olusola Teniola , Rotimi Fakayejo , Progressive Shareholders Association Of Nigeria , Nigerian Stock Exchange , Association Of Telecommunications Companies Nigeria , National Coordinator , Association Of Licensed Telecom Operators Nigeria , Group President , Chief Executive Officer , External Relations , Telecommunications Companies , Licensed Telecom Operators , Progressive Shareholders Association , போனிபேஸ் ஒக்கேஜிஎ , ப்ரோக்ரெஸிவ் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , நைஜீரியன் ஸ்டாக் பரிமாற்றம் , சங்கம் ஆஃப் தொலைத்தொடர்பு நிறுவனங்கள் நைஜீரியா , தேசிய ஒருங்கிணைப்பாளர் , சங்கம் ஆஃப் உரிமம் பெற்றது தொலை தொடர்பு ஆபரேட்டர்கள் நைஜீரியா , குழு ப்ரெஸிடெஂட் ,

Shareholders commend Sterling Bank's performance


Vanguard News
Shareholders commend Sterling Bank’s performance
On
By Peter Egwuatu
Shareholders of Sterling Bank Plc have commended the board and management of the bank for the improved financial performance despite the adverse impact of the Covid-19 pandemic.
The shareholders at the 2021 Annual General Meeting (AGM) of the bank held by proxy in Lagos and streamed live across digital platforms last week also approved resolutions for the declaration of a dividend of five kobo per share, the election of directors, remuneration of auditors, and the election of shareholders’ representatives on the statutory audit committee.
Commenting on the bank’s performance, Mr Matthew Akinlade, President of Nigeria Solidarity Shareholders Association (NSSA), noted the consistency in the bank’s earnings per share in the last five years. ....

Bisi Bakare , Matthew Akinlade , Peter Egwuatu , Boniface Okezie , Asue Ighodalo , Shareholders Of Sterling Bank Plc , National Coordinator Of Pragmatic Shareholders Association , Nigeria Solidarity Shareholders Association , Sterling Bank , Progressive Shareholders Association , Kindly Share This Story , Sterling Bank Plc , General Meeting , Ogun Poly , Mrs Bisi Bakare , National Coordinator , Pragmatic Shareholders Association , National Chairman , Share This Story , பிசி பாக்றே , போனிபேஸ் ஒக்கேஜிஎ , பங்குதாரர்கள் ஆஃப் ஸ்டெர்லிங் வங்கி ப்ல் , ஸ்டெர்லிங் வங்கி , ப்ரோக்ரெஸிவ் பங்குதாரர்கள் சங்கம் , கைஂட்லீ பகிர் இது கதை , ஸ்டெர்லிங் வங்கி ப்ல் ,