By Uzoma Akobundu
The Security and Exchange Commission (SEC) is yet to grant approval to Airtel to come to the Nigerian market.
Airtel had planned listing Friday at N363 per share, but that did not take place because of SEC’s inability to grant approval.
Armadanews.com reported Thursday that Airtel, one of Nigeria’s leading GSM providers was going to have its day at the Nigerian Stock Exchange on Friday, July 5 to be part of the market.
Unlike MTN that went to the market and the cost of its shares became issues of controversy, Airtel has already made public how much the share goes for- N363 per share.
Airtel
About a fortnight ago, Airtel indicated that it was ready to list on the huge Nigerian stock market as a way of remaining a major player in the telecommunications sector in Nigeria.