Airtel To List On Nigerian Stock Exchange

Airtel Africa LTD, a subsidiary of Indian Telecoms Group, Bharti Airtel LTD, indicated interest to list on the Nigerian Stock Exchange (NSE), which is one of the 14 countries where it currently operates.

The telecoms company is also considering a stock market flotation in London, designed to expand its data and mobile money services across Africa.

When listed on the Nigerian Exchange, Airtel will become the second telecommunication company in Nigeria to be so listed.

Nigeria’s biggest telecommunication by market share, MTN, on May 16, 2019 listed 20.35 billion shares on the Nigerian Bourse at n99 per share.

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