Connect with us

    Hi, what are you looking for?

    Tech

    Experts @ AIHN Awards Applaud MTN’s Novel Public Offer

    MTN

    MTN Nigeria’s novel approach to its Public Offer has received commendation from Capital Market experts at the 2022 Investment Banking Awards organised by the Association of Issuing Houses of Nigeria (AIHN).

    A panel which included Chidi Iwuchukwu, head, Investment Banking, Rand Merchant Bank; Dr. Ola Brown, founder, Flying Doctors Healthcare Investment Group; Haruna Jalo-Waziri, managing director/CEO, Central Securities Clearing Systems Plc; Adeniyi Falade, group executive director, Custodian Investment Plc; and Danladi Verheijen, managing partner/co-founder, Verod Capital, discussed “The Future of Money – Prospects for Equity and Capital Raising in Nigeria”

    The experts agreed that MTN has provided a template for packaging public offers going forward and recommended the same for other companies looking to raise capital to improve economic prospects for Nigerians and the African continent.

    Commenting further, Haruna Jalo-Waziri, said, “The innovative, technology-based approach provided a seamless, cost-effective and beneficial offer to investors, in turn kicking off a momentum in the market that needs to be sustained.”

    MTN Nigeria emerged as the winner from top three shortlisted firms for the Capital Market Titan Award 2021 category in recognition of the company’s active participation in the Nigerian Capital Market for the 2021 financial year.

    Receiving the award on behalf of MTN Nigeria, Modupe Kadri, chief financial officer, said, “We are delighted by the high level of interest investors have shown in MTN Nigeria and we are particularly inspired by the number of young people who participated in the Capital Market, for the first time, through our Public Offer. We are convinced that technology and innovation will play a large role in expanding access and inclusion for Nigerians. This is just the beginning,” Kadri concluded.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Nigeria Civil Aviation Authority (NCAA) has dismissed recent claims by Senator Orji Uzor Kalu alleging lapses in pilot preparation, substance abuse among flight crews,...

    Tech

    OpenAI Chief Executive Officer, Sam Altman, has announced a major policy shift for the company’s flagship chatbot, ChatGPT, revealing plans to relax content restrictions...

    News

    Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has called for the regulation of social media in Nigeria, warning that its unrestrained use poses a...

    News

    The Senate has confirmed Professor Joash Amupitan as the new Chairman of the Independent National Electoral Commission (INEC) following a voice vote by lawmakers...