MTN Nigeria rated most compliant listed company

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MTN, Africa’s biggest telco, is making amends in dealing with financial institutions in Nigeria. MTNNigeria NigerianStockExchange

As the year draws to an end, MTN, Africa’s biggest telco, is making amends in dealing with financial institutions in Nigeria.

The telco has squabbled with various entities, including the Nigerian Economic and Financial Crimes Commission, FIRS and the Central Bank of Nigeria. He adds: “Compliance is at the heart of our business and embedded in the strategic priorities that underpin our Ambition 2025 strategy. Achieving this accolade early in that journey indicates we are on the right track.”

MTN Nigeria chief financial officer Modupe Kadri adds: “Since MTN Nigeria’s listing on the Nigerian Exchange in 2019, we have been very deliberate in the way we have approached our compliance with the rules and regulations of the exchange, which are designed to ensure the market operates credibly and transparently; two principles we believe are essential to the functioning of a world-class exchange.

 

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