Key Highlights
Legend Internet Plc received the Market Debut Excellence Award at the 2025 NGX Made of Africa Awards.
The award recognizes Legend's successful listing on the Main Board of the NGX on April 24, 2025.
Analysts believe this signals the rise of a new benchmark in the NGX telecommunications sub-sector.
Legend Internet operates in the last-mile fibre-optic broadband space, focusing on FTTH and FTTR technologies.
Legend Internet Plc has been awarded the prestigious Market Debut Excellence Award at the 2025 NGX Made of Africa Awards, hosted by the Nigerian Exchange (NGX) Group. This recognition underscores the company's successful entry into the public markets and its commitment to creating value for shareholders.
The award presentation, held recently in Lagos, saw key figures from the NGX Group and Legend Internet in attendance, including Olufemi Shobanjo, Chief Executive Officer, NGX Regulation Limited, Aisha Abdulaziz, Chief Executive Officer, Legend Internet Plc, Umaru Kwairanga, Group Chairman, NGX Group Plc, and Jude Chiemeka, Chief Executive Officer, Nigerian Exchange Limited. Their presence highlighted the significance of the award and the collaborative spirit between the NGX and its listed companies.
Listed on the Main Board of the Nigerian Exchange on April 24, 2025, Legend Internet Plc has quickly established itself as a key player in the telecommunications sector. The company specializes in last-mile fibre-optic broadband infrastructure, including Fiber to the Home (FTTH) and Fiber to the Room (FTTR) technologies, and is expanding its portfolio of digital services.
According to analysts at Custom Street, the award signifies more than just a successful listing. It represents the emergence of a new benchmark within the NGX telecommunications services sub-sector. This suggests that Legend Internet's performance and strategic approach are setting a high standard for other companies in the industry.
The company itself views the award as a validation of the trust placed in it by investors and partners since its listing. It serves as a strong signal that Legend’s market trajectory is aligning with the highest benchmarks within Africa’s capital markets. The recognition further reinforces Legend’s focus on sustainable expansion and value creation for shareholders.
This achievement comes at a time when Nigeria is increasingly focused on improving its broadband infrastructure. Legend Internet's commitment to deploying cutting-edge fibre-optic technology positions it to play a significant role in bridging the digital divide and driving economic growth. The company's focus on FTTH and FTTR ensures that homes and businesses have access to reliable and high-speed internet connectivity.
The Market Debut Excellence Award is a testament to Legend Internet’s strategic vision, strong governance standards, and long-term growth potential. As the company continues to expand its operations and enhance its service offerings, it is expected to further solidify its position as a market leader in the Nigerian telecommunications landscape. The award sets the stage for continued success and demonstrates the company’s commitment to contributing to the growth and development of Nigeria's digital economy.



