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.
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According to TheCable, the list of shareholders, who now own billions in the second biggest company on the Nigerian Stock Exchange.
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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 |
