MTN Nigeria Communications Plc has notified the Nigerian Exchange Limited and investing public of a share acquisition by Mrs. Eyitope Kola-Oyeneyin, one of its non-executive directors.
According to the disclosure dated May 21, 2025, Kola-Oyeneyin purchased 304,920 ordinary shares of MTN Nigeria at a unit price of ₦18.53 per share.
The total transaction value amounts to approximately ₦5,650,200, signalling confidence in the company’s long-term growth from within the boardroom. The acquisition was executed on May 20, 2025, and duly filed in compliance with regulatory requirements on insider dealings.
The development comes amid a broader recovery in telecom stocks and reinforces boardroom alignment with shareholder value. MTN Nigeria, a subsidiary of MTN Group, is one of Nigeria’s largest telecom operators with more than 70 million subscribers.
Access bank through Access Holdings plc has taken over the assets of standard chartered bank… Read More
Ghanaian citizens would no longer require traditional visas to travel to Morocco, following a Visa-free… Read More
The North East caucus meeting of All Progressives Congress (APC) stakeholders descended into chaos on… Read More
Former French President Nicolas Sarkozy has been stripped of his Legion d'honneur (Legion of Honor)… Read More
The Angel-A, a Collective global corporate innovation community fostering collaboration between large enterprises and technology… Read More
The Central Bank of Nigeria (CBN) has issued a directive temporarily suspending the payment of… Read More
