Legend Internet to List 2 Billion Shares on NGX, Aiming to Expand Nigeria’s Digital Future

Legend Internet PLC, Nigeria’s fastest-growing last-mile broadband provider, has received regulatory approval to list two billion ordinary shares on the Main Board of the Nigerian Exchange Limited (NGX) on Thursday, April 24, 2025.

The listing, which will be conducted by way of Introduction, signals that Legend has met all NGX’s requirements and is ready to open a new chapter in its corporate journey.

A pioneer in fiber-to-the-home (FTTH) technology and locally engineered digital services, Legend Internet has emerged as a dominant force in the country’s internet infrastructure space.

With a rapidly expanding fiber footprint and a growing suite of digital products, the company has focused on transforming how Nigerians live, work, and connect, securely and seamlessly.

According to Shakirah Alaga, Chief Marketing Officer of Legend Internet, the upcoming listing and accompanying bell-ringing ceremony represent a pivotal moment in the company’s mission to expand digital inclusion and redefine home connectivity nationwide.

“Legend’s listing on the NGX is more than a corporate milestone, it’s a national moment,” said Chief Executive Officer Aisha Abdulaziz.

“We are building Africa’s most customer-focused internet company, powered by world-class infrastructure and made-in-Nigeria innovation.

Going public allows more people to be part of this story and share in the value we’re creating.”

The company’s rise has been fueled not just by its broadband services but by its ambitious vision to bundle digital utilities into one cohesive platform.

LegendMail, Nigeria’s first email ecosystem with built-in payments, secure storage, and a unified user ID, offers users a secure digital identity.

MailPay allows money to be sent and received directly from one’s inbox.

MyLegend App gives users full control to manage subscriptions, resolve technical issues, and access support.

Legend Pay is designed to streamline financial transactions across consumer and business markets.

All of these services are built on a single fiber infrastructure, creating a locally relevant, globally inspired ecosystem that integrates communication, finance, and digital storage.

Legend’s listing is not just about recognition; it’s a springboard for future growth.

The company says it plans to use public investment to fast-track its national expansion, invest in local talent, enhance its tech stack, and deepen customer engagement.

“We’ve proven that innovation can be born here, scaled here, and listed here,” Abdulaziz added.

“As we go public, we are unlocking new growth opportunities, not just for Legend, but for Nigeria’s digital economy at large.”

The April 24 listing ceremony is expected to attract a high-powered audience across government, business, technology, and investment sectors, celebrating Legend’s evolution from a bold startup into a publicly traded infrastructure leader.

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