Connect with us

Business

MTN Shares News For Today

Applicants of the MTN Nigeria Shares should keenly go through this update ‘MTN Shares News For Today’.

Get Federal Government Loan for Business Startup => See Here!

Firsta foremost, it’s important for the general public to be aware that the shares offer has been closed.

The next thing is for each applicants to wait patiently for the next action which is allotment of the shares.

As citing by Primaryoffer, the allotment process which is currently ongoing will be finalized soon.

All that is needed as at present is the approval from appropriate bodies (regulatory authorities).

Those whose status is showing paid must have gotten their CSCS number by now.

Also Read:  5 Questions to Ask Before Investing

However, if the reverse is the case then they’ll receive it before allotment of shares is concluded.

Thes allotted will be credited to all applicant’s CSCS account.

What is CSCS In the MTN Shares News Update

The acronym CSCS stands for Central Securities Clearing System.

When it come to the Nigerian Capital Market, CSCS is Nigeria’s Central Securities Depository (CSD), with the license to clear and settle all transactions in the market.

For one to successfully get the MTN Nigeria Shares, the major criteria is to owe CSCS investors’ account.

Each applicants will receive their shares (minimum of twenty shares) based on SEC rules.

Also Read:  Palm Oil Business In Nigeria - how to start

Normally the allotment is expected to be done within seven (7) days after the close of sales, considering the number of applications also.

All CSCS accounts will be credited not later than fifteen (15) days after approval.

Although, any refund is likely to be done within five (5) working days after conclusion of allotment.

For further enquiries, kindly contact the appropriate team via;

070046837862452

Info@primaryofferng.com

Or better still, log onto your profile via Primaryoffer webpage.

Source: Nyscinfo

Share this post

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in Business

Advertisement

Recent Posts

Subscribe to Our Newsletter

Enter your email address to SUBSCRIBE for FREE to this blog and receive notifications of new posts by email.

Join 8,753 other subscribers
To Top