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Frequently Asked Questions - MTN Nigeria
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Frequently Asked Questions

Who is MTN Nigeria?Who is MTN Nigeria?

MTN Nigeria is part of the MTN Group – a multinational telecommunications group which operates in 19 countries in Africa and the Middle East

What year was MTN Nigeria incorporated?What year was MTN Nigeria incorporated?

MTN Nigeria was incorporated in 2000. In 2001, it obtained licenses to provide mobile services in Nigeria

Where is MTN Nigeria headquartered?Where is MTN Nigeria headquartered?

MTN Nigeria is headquartered at MTN Plaza, Falomo, Ikoyi Lagos.

Who are the members of MTN Nigeria’s Board of Directors?Who are the members of MTN Nigeria’s Board of Directors?

Click here to view the profile of MTN Nigeria’s Board of Directors.

Who are MTN Nigeria’s executives?Who are MTN Nigeria’s executives?

Click here to view the profile of MTN Nigeria’s executives.

When did MTN Nigeria become a publicly listed company in Nigeria and at what price was it listed?When did MTN Nigeria become a publicly listed company in Nigeria and at what price was it listed?

MTN Nigeria became a publicly listed company on May 16, 2019 at a listing price of N90 per ordinary share of 2 kobo par value each.

How can I get a copy of the Listing Memorandum?How can I get a copy of the Listing Memorandum?

A copy of MTN Nigeria’s listing memorandum can be downloaded here.

How can I get the current share price?How can I get the current share price?

MTN Nigeria’s current share price is available here.

When are quarterly financial results announced and how can I stay informed?When are quarterly financial results announced and how can I stay informed?

Quarterly financial results are supposed to be announced by regulation within 30 days after end of quarter. Information on the Quarterly Financial Results is available here.

When is the next Annual General Meeting of shareholders?When is the next Annual General Meeting of shareholders?

Visit our event calendar for upcoming events.

Who are the Company’s Registrars?Who are the Company’s Registrars?

Coronation Registrars Limited,

9, Amodu Ojikutu Street, Off Saka Tinubu Street,

Victoria Island, Lagos

Telephone: 234 (0)1-2272570

Email: customercare@coronationregistrars.com

Website: https://coronation.ng/institutional/about-us/registrars/

Who should I contact regarding my share certificate(s)?Who should I contact regarding my share certificate(s)?

Please contact the Company’s Registrars for any queries on Share Certificates

I am a shareholder, what should I do if I change my name or address?I am a shareholder, what should I do if I change my name or address?

If you change your name on getting married or for any other reason, please notify the Registrars, enclosing copies of relevant documents.

How do I invest in MTN Nigeria?How do I invest in MTN Nigeria?

You need the assistance of a licensed stockbroker to purchase MTN Nigeria’s shares on your behalf. You can access a list of stockbrokers licensed by the Nigerian Stock Exchange here.

Below are the steps:

Step 1: Complete the Central Securities Clearing System (CSCS) account opening form

Step 2: Complete the stockbrokers account opening form

Step 3: Submit required documents to your stockbroker

Step 4: Fund your brokerage account

Step 5: Submit your trade order

Where are the ordinary shares of MTN Nigeria traded?Where are the ordinary shares of MTN Nigeria traded?

The shares of MTN Nigeria are traded on the Nigeria Exchange Limited

How many shares are outstanding?How many shares are outstanding?

The total number of outstanding shares is 20,354,513,050 units

What is MTN Nigeria’s financial year end?What is MTN Nigeria’s financial year end?

MTN Nigeria’s financial year end is the 31st of December.

How can I obtain a copy of the Audited Financial Statements?How can I obtain a copy of the Audited Financial Statements?

A copy of the annual financial statements can be downloaded from the investor section of the website

How do I access my unclaimed dividends?How do I access my unclaimed dividends?

Information on your unclaimed dividends is available here

Does MTN have a policy guiding complaints from shareholders?Does MTN have a policy guiding complaints from shareholders?

Yes, the Shareholders Complaint Management Policy can be viewed here

Does MTN Nigeria have a policy guiding securities trading?Does MTN Nigeria have a policy guiding securities trading?

Yes. MTN Nigeria’s securities trading policy can be accessed here

Does MTN Nigeria have a Communications Policy?Does MTN Nigeria have a Communications Policy?

Yes. MTN Nigeria’s Communications Policy can be accessed here

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