Despite the recent assurance from Mr. Rob Shuter, Group CEO of MTN that its Nigerian operation will enlist on the Nigerian Stock Exchange (NSE) in April 2018, a senior official says the company is still thinking through the process of going public in Nigeria due to the huge fine imposed on it by the Nigerian Communications Commission (NCC).
The official told Business Journal in Lagos that the announcement of the April 2018 date was meant to deflect intense pressure on the company from the Nigerian government and the NCC.
He maintained that the company will possibly shift the date of going public as much as possible until the pressure on them wanes.
