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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.

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).

In reaction to the Supreme Court ruling yesterday that dismissed the primaries of the All Progressives Congress in Zamfara State, thereby nullifying the victory of the party in the recent 2019 general elections, the Independent National Electoral Commission held an emergency meeting to take a decision.