MTN shares rally as Jumia soars in New York trading

MTN Nigeria

MTN’s shares rose 1% early on Monday in Johannesburg — the best level since the mobile operator ran into regulatory troubles in Nigeria in August 2018 — after its e-commerce associate soared in its first trading day in New York. On Friday, shares in Africa-focused Jumia Technologies leapt 75% in New York, giving the e-commerce…

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