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MTN Nigeria announced yesterday that it has successfully completed the registration of its ordinary shares with the Securities and Exchange Commission. The telco registered 20,354,513,050 ordinary shares of N0.02 each thereby setting in motion the next steps in its planned listing by introduction on the Nigerian Stock Exchange (NSE). MTN is still seeking a permanent resolution to its $2 billion tax dispute with the Nigerian Attorney-general. This quest has received a boost as the court will now listen to its lawsuit against the AGF dismissing an objection from the latter to disregard it.
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