The Senior Special Assistant to the President on Entrepreneurship Development in Communications, Innovation and Digital Economy, Ms. Chalya Shagaya, has commended Legend Internet on its listing of two billion shares on the Nigerian Exchange Market.

Speaking during a courtesy visit to the company’s headquarters, Ms Shagaya noted that the milestone has boosted the Exchange’s market capitalisation by N12.4 billion.

She added that the listing, being the first by an indigenous telecom operator in Nigeria, reflects strong investor confidence in Nigeria’s digital economy, while commending the company’s team, headed by Bruce Ayonote, for the success.

She said: “The listing of Legend Internet Plc is not just a corporate achievement, it is a national win. It sends a powerful message to indigenous digital and tech companies that the capital markets are within reach.

“The ripple effect of such achievements on the broader ecosystem includes, enhancing local content development and broadband access to creating jobs and fostering innovation, among others.”

Ms. Shagaya further noted the alignment of this success with the Renewed Hope Agenda of President Bola Tinubu, stressing the administration’s dedication to building a business friendly environment driven by digital transformation and inclusive economic growth.

She also commended the company on its inclusivity efforts, noting that the majority of Legend’s executive and senior staff are women.

She described this as a progressive example of gender representation in leadership, which aligns with national goals for women’s inclusion in economic development.

According to Shagaya, her office would support Legend and its affiliate company Suburban in future initiatives.

She urged Legend to further engage in mentorship, tech training, and entrepreneurship support initiatives.

“Legend’s story is one of vision, resilience, leadership, and inclusivity. It is the kind of story this administration is proud to champion and we look forward to partnering with more companies that are pushing the boundaries of what is possible.”