MTN Nigeria Communications
Nigeria stock market capitalisation drops further by N656 billion
Panic sell off continued on the Nigerian Stock Exchange (NSE) on Tuesday with the market capitalisation shedding N656 billion in what an expert attributed to fear of naira devaluation.
NSE: Trading defies inflation figure, index up 0.90 per cent
The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
Julius Berger, MTN, Dangote, others make Nigeria’s top 100 companies
Julius Berger Nigeria Plc has been ranked in the upper Top 100 Nigerian companies in terms of assets, revenue and profits in fiscal year 2018.
NSE optimistic on bullish market as equities’ return rises to N1.35 trillion
The Nigerian Stock Exchange (NSE) has expressed optimism that the current recovery at the stock market will be sustained. Its optimism is based on the improved macroeconomic conditions and favourable global economic outlook.
NSE: All-Share Index drops to 26,000 mark again
The Nigerian Stock Exchange (NSE) All-Share Index on Friday lost 98.45 points or 0.36 per cent to close lower at 26,987.45 mark.
NSE: Market indices extend growth by 0.35 per cent
The Nigerian Stock Exchange (NSE) market indices ended trading on Friday with a growth of 0.35 per cent.
14-year old wins MTN kiddies hackathon app competition
Molumo Yusuf, a 14-year-old student of Heritage Global Academy, Ikorodu, Lagos State, won the N100,000 grand prize shopping voucher at MTN mPulse Kiddies Hackathon app competition in Lagos on Friday.
Sallah celebration: Market capitalisation sheds N57 billion
Ahead of Sallah celebration, crucial market indicators of the Nigerian Stock Exchange (NSE) on Friday declined further by 0.43 per cent due to profit taking.
MTN Nigeria posts 566.95bn revenue in six months
MTN Nigeria Communications Plc on Friday released its unaudited result for the six months ended June 30 and announced an interim dividend of N2.95 per share to its shareholders.
Investors lose N265 billion as stock market falls further
Investors in the equities market of the Nigerian Stock Exchange saw the value of their investments decline by N265bn on Thursday.
Airtel Africa’s shares drop by 9.99 per cent
Airtel Africa shares dropped by 9.99 per cent on the Nigerian Stock Exchange (NSE) a day after listing, forcing the market indices to close on negative region.
Trading reverses negative mood, indices up 0.29 per cent
The Nigerian Stock Exchange (NSE) on Friday recorded growth with the market capitalisation increasing by N37 billion to change the bearish posture it maintained in the last four days.
NSE: Market indices reserve losing streak, up by 0.06 per cent
Trading on the nation’s bourse reversed losing streak on Friday, recording first gain in June with a marginal growth of 0.06 per cent.
NSE: Market capitalisation loses N302 billion
Trading on the Nigerian equities market opened for the week on Monday with a loss of 2.22 per cent, following declining investors’ appetite on MTN Nigeria Communications shares.
MTN Nigeria suffers first share price drop
MTN Nigeria Communications Plc saw its share price fall on Friday for the first time since it got listed on the Nigerian Stock Exchange.
MTN Nigeria records first loss after listing, amid profit taking
MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange after listing on May 16.
MTN pays N235 billion SIM registration fine
MTN Nigeria Communications Limited has paid a total of N235bn out of the N330bn fine imposed on the mobile telecommunications operator in August 2015 by industry regulatory agency, the Nigerian Communications Commission.
Operators fault MTN Nigeria listing over free float
Some stakeholders in the capital market have faulted the listing of MTN Nigeria Communications Plc on the nation’s bourse in spite of unavailability of the mandatory 20 per cent free float.
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