Lagos - The Nigerian Communications Commission (NCC) has finally given its nod for telecoms operators in the country to take their business to the Nigerian Stock Exchange (NSE) for listing, reports The Nation.
The approval by regulator follows the unveiling of a Code of Corporate Governance for the telecommunications industry, which ensures sustainable growth for the sector.
The lack of a corporate governance code was one of the factors responsible for the reluctance of the telcos to list of the NSE.
Three of the operators, MTN, Airtel and Etisalat are already listed in Johannesburg, Abu Dubai Stock Exchange and National Stock Exchange, India respectively.
Read more at The Nation.
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