Tayo Busayo – MTN Nigeria Communications Plc (MTN Nigeria) hereby notifies of its proposed issuance of up to N23bn (Twenty Three Billion Naira) Series 3 Commercial Paper notes under its N150bn (One Hundred and Fifty Billion Naira) Commercial Paper Issuance Programme (the “Issuance”).


The Issuance is part of the Company’s strategy to diversify its Financing options, with the Funds deployed towards working capital and general corporate purposes.


Further details on the Issuance as well as subsequent issuances will be communicated to the market as the transactions occur.