A last-mile fibre-to-the-home provider that recently listed on the Nigerian Exchange.
Legend Internet’s ₦10bn paper draws 119.7% subscription as Investors back broadband push
Legend Internet Plc closed its ₦10 billion commercial paper at 119.7% subscription, exceeding the offer size. The issuance is part of a ₦10 billion multi-layered financing programme aimed at scaling broadband across Nigeria.
Legend Internet moves to acquire ISP and microfinance bank
Legend Internet Plc is expanding into telecom and finance by acquiring a licensed Internet Service Provider and a microfinance bank. The company received approval to raise up to ₦150 billion in new capital and issue 10 billion ordinary shares.
Local listing dreams fades, as 46% of tech founders desire M&A exits
46% of Nigerian tech founders plan to exit via acquisition within four to six years. Founders show a strong preference for mergers and acquisitions over local IPOs.
Legend, Nigeria’s first publicly listed ISP, has bigger plans than just selling internet
Legend Internet Plc became Nigeria's first ISP to go public on April 24, 2025. The company listed by introduction, making two billion ordinary shares available at ₦5.64 each.
Legend Internet debuts on NGX, seeks ₦150 billion for fibre rollout
Legend Internet Plc listed on the Nigerian Exchange Group, gaining nearly 10% on its first day of trading. The company announced plans to raise ₦150 billion ($92.72 million) in debt and equity for expansion.
