Going public on Thursday, MTN
Nigeria has brought itself under the scrutiny of the investing public; all its
progress and otherwise will now be subject to the corporate governance laws of
the Nigerian Stock Exchange.
In line with this, the press also
has a duty to monitor how transparent or opaque a public limited company is, at
every point of its institutional history.
The list of
shareholders, who now own billions in the second biggest company on the
Nigerian Stock Exchange.
While the MTN Nigeria is still
controlled by MTN Group, the parent country, some notable Nigerians hold
billions in the telecommunications company.
Here’s a full list of those who
own MTN Nigeria as at May 17, 2019.
| SHAREHOLDER | VALUE IN NAIRA | PERCENTAGE HOLD |
|---|---|---|
| MTN International Limited | 1.68 trillion | 76.08 |
| Stanbic IBTC Asset Management Limited | 213.7 billion | 9.64 |
| Mobile Telephone Network | 60.95 billion | 2.75 |
| Government Employees Pension Fund | 38.69 billion | 1.75 |
| Victor Odili | 87.87 billion | 3.96 |
| Pascal Dozie | 37.07 billion | 1.67 |
| Sani Mohammed Bello | 28.87 billion | 1.30 |
| Babatunde Folawiyo | 23.83 billion | 1.08 |
| Gbenga Oyebode | 19.80 billion | 0.89 |
| Ahmed Dasuki | 19.35 billion | 0.87 |
| Karl Olutokun Toriola | 100.10 million | 0.005 |
| Total | 2.22 trillion | 100 |
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