What is Legend Internet, Nigeria’s newest broadband player on the NGX?
- Legend Internet became the first Nigerian broadband provider to list on the Nigerian Exchange on April 24, 2025.
- The company floated two billion ordinary shares at ₦5.64 each to raise funds for expansion.
- Legend Internet plans to raise ₦150 billion in debt and equity to enhance its network across Nigeria.
Legend Internet's listing on the Nigerian Exchange represents a significant milestone for the country's digital infrastructure and broadband accessibility. This move not only enhances the company's financial capabilities but also sets a precedent for transparency and governance in the tech sector. The ambitious plans for expansion could potentially transform Nigeria's connectivity landscape, making it a topic worth further exploration in terms of investment opportunities and market impact.
