MTN Nigeria’s Listing by Introduction: The True Picture

Source: MTN Nigeria’s Q1:2019 Financials
*We assume that MTNN’s price reaches the maximum allowable per day
*EV/EBITDA is based on closing price
Source: Afrinvest Research

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Afrinvest

Afrinvest

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Official Afrinvest West Africa Twitter account. Follow us for updates on the Nigerian economy, firm news, and thoughts on industry related content.