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MTN yet to file any application – SEC

The Securities and Exchange Commission (SEC), has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the SEC regarding an Initial Public Offering (IPO).

The Commission in a Circular in Abuja weekend signed by its Management, said its attention has been drawn to a publication in pages newspapers in the country wherein it was reported that “after 6 weeks delay by SEC, the MTN IPO was set to go”.

According to the SEC, “The Commission wishes to categorically state that the information contained in the said publication is false, misleading and without merit.

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