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A significant milestone was achieved on May 16, 2019 when MTN Nigeria Plc (a part of the MTN Group headquartered in South Africa), Africa's leading cellular telecommunications company listed 20.4bn units of its ordinary shares on the floor of the Nigerian Stock Exchange (NSE).

On May 24, 2019 at the JSE, at an event with industry leaders from across Africa, hosted by the JSE in partnership with Geopoll, Kantar and Brand Leadership, Brand Africa announced the Top 100 brands in Africa in their 7th annual Brand Africa 100: Africa’s Best Brands. Nike, MTN, Dangote, Ecobank and BBC were recognised as the most admired brands on the continent.

As the NSE All Shares Index (ASI) responded to six consecutive days of MTN share price increases, upon listing by way of introduction, Proshares Nigeria was compelled by the balance of evidence to write a 57 Page Memo to the Market to provide clarity above the noise of adversarial comments in the public space.