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MTN Nigeria’s shares drop on NSE following attack on its centres in Nigeria MTN building. When MTN Nigeria launched its Initial Public Offer (IPO) on December 01, 2021, a lot of Nigerians appear to be sitting on the fence asking whether it is a good buy or not. At the Nairametrics Clubhouse show, On The Money series, investment and financial analysts explained that fundamentally, MTN is a solid company and a discerning investment decision for buyers. They also confirmed that the company has grown astronomical since it started in 2001 and still maintaining its leading role in the telecoms sector. What experts are saying about the offer Wale Okunrinboye, an investment banker, noted that MTN as a company has strong figures and could make a good buy for retail investors. He said, “Fundamentally, I think MTN is a solid company. It has grown astronomically since it started in 2001 and is dominating the telecom space. Its demand is inelastic as people always need to communicate and so t...
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