OMG! Aisha Abdulaziz becomes first woman to list Nigerian company on NGX

1 month ago 18
  • Nigerian entrepreneur Aisha Abdulaziz is connected the verge of being the archetypal pistillate to spell nationalist with a Nigerian firm
  • She is spearheading the IPO of Legend Internet, wherever the net concern aims to execute a marketplace valuation of $7 million
  • The institution volition formally beryllium listed connected the NGX Main Board connected Thursday, April 24, aft gathering each listing requirements

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Aisha Abdulaziz, a businesswoman from Nigeria, is astir to go the archetypal pistillate to instrumentality a Nigerian institution public. She is starring Legend Internet PLC's listing connected the Nigerian Exchange (NGX), wherever the net institution hopes to scope a $7 cardinal marketplace valuation.

first pistillate   to database  Nigerian institution  connected  NGXLegend Internet Plc's vision, tenacity, and ambition are reflected successful this action. Photo Credit: Legend Internet
Source: UGC

Legend Internet was established successful 2014 and has since developed into the apical last-mile fibre supplier successful Nigeria.

Upon fulfilling each listing requirements, Billionaire.Africa reported that the steadfast volition formally beryllium listed connected the NGX Main Board connected Thursday, April 24.

Legend Internet's committee of directors and apical executives volition ringing the Closing Gong connected April 24, 2025, successful solemnisation of the company's impending listing connected the Nigerian Exchange (NGX).

The company's vision, tenacity, and ambition are reflected successful this action. A marketplace capitalisation of N11.28 cardinal ($7 million) volition beryllium established erstwhile Legend offers 2 cardinal shares astatine a terms of N5.64 ($0.0035) each.

In a connection released today, Legend Internet expressed,

“April 24th, 2025, marks a defining infinitesimal successful our travel astatine Legend Internet. We’ll beryllium ringing the Closing Gong astatine the Nigerian Exchange (NGX) to commemorate our authoritative listing connected the NGX Main Board, a solemnisation of the vision, resilience, and ambition that brought america here.”Aisha Abdulaziz, CEO of Legend Internet, emphasised the value of the listing: “Legend’s listing connected the NGX is much than a firm milestone—it’s a nationalist moment, we are gathering Africa’s astir customer-focused net company, powered by world-class infrastructure and made-in-Nigeria innovation. Going nationalist allows much radical to beryllium portion of this communicative and stock successful the worth we’re creating.”

With its fibre optic internet, digital payments, dependable calls, email, and astute location absorption services, Legend Internet is revolutionising transportation successful Nigeria.

The extremity of the enactment is to connection dependable entree to indispensable services astatine immoderate clip and from immoderate location. With an accent connected speed, security, and accessibility, it is rapidly spreading passim Nigeria with the assistance of a burgeoning nationalist fibre network.

First Woman to List Nigerian Company connected  NGXA marketplace capitalisation of N11.28 cardinal volition beryllium established erstwhile Legend offers 2 cardinal shares astatine a terms of N5.64 ($0.0035) each. Photo Credit: NGX
Source: Getty Images

The company's enlargement is spearheaded by CEO Aisha Abdulaziz, who assumed the relation successful February 2023. She provides a operation of tech and communications cognition from her clip with Xandria Productions, The PR Company, and Suburban Fibre Company.

She has focused the company's efforts connected improving integer entree for Nigerians since she was appointed.

Naira bounces back, appreciates against US dollar successful authoritative market

Legit.ng reported that the worth of the Nigerian currency appreciated against the United States Dollar successful the foreign speech market.

Data from the CBN showed that the Nigerian Foreign Exchange Market (NFEM) ended trading connected Wednesday, April 16, astatine N1,599 a dollar.

Wednesday's speech complaint is simply a 0.31% depreciation for the naira compared to Tuesday's speech complaint of N1,604.

PAY ATTENTION: Сheck retired quality that is picked exactly for YOU ➡️ find the “Recommended for you” artifact connected the location leafage and enjoy!

Source: Legit.ng

Read Entire Article