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.
TheCable obtained 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 N1.68 trillion 76.08
Stanbic IBTC Asset Management Limited N213.7 billion 9.64
Mobile Telephone Network N60.95 billion 2.75
Government Employees Pension Fund N38.69 billion 1.75
Victor Odili N87.87 billion 3.96
Pascal Dozie N37.07 billion 1.67
Sani Mohammed Bello N28.87 billion 1.30
Babatunde Folawiyo N23.83 billion 1.08
Gbenga Oyebode N19.80 billion 0.89
Ahmed Dasuki N19.35 billion 0.87
Karl Olutokun Toriola N100.10 million 0.005
Total 2.22 trillion 100