Nigeria, May 16 -- The Nigerian Stock Exchange on Thursday announced the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc.

Details of the listing showed that the shares were introduced at N90 per share on the Nigerian bourse's Premium Board Thursday.

MTN Nigeria, a part of the MTN Group, Africa's leading cellular telecommunications company, is the first telecommunications network provider to be listed on the NSE Premium Board, a listing segment for the elite group of issuers that meet the Exchange's most stringent corporate governance and listing standards.

Commenting on the development, National Council President, NSE, Abimbola Ogunbanjo, said the bourse is particularly pleased that MTN Nigeri...