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MTN Nigeria Communications Plc

Nigerian Stock Exchange NSE

T-bills: Investors storm equities market after central bank ban

Following the ban of individuals and small firms from investing in treasury bills by the Central Bank of Nigeria, investors poured money into shares instead, which boosted the market capitalisation of equities by N245bn.

MTN Nigeria celebrates 18 years of operations, promises quality ICT

Leading Information and Communications Technology (ICT) company, MTN Nigeria, on Thursday promised improved quality ICT offerings as it marked 18 years of its operations in Nigeria.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN Nigeria declares N60 billion interim dividend

MTN Nigeria Communications Plc will be distributing N60 billion as interim cash dividend to shareholders.

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.

MTN appoints ex-minister, ex-revenue chief, ex-NBA president as board members

Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
Nigerian Stock Exchange NSE

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.

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.

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.
Nigerian Stock Exchange NSE

Stock market records highest gain in three months

The nation’s stock market recorded its highest gain since February 12 last week as the market capitalisation of equities rose by N1.874tn following the listing of MTN Nigeria Communications Plc on the Nigerian Stock Exchange.

MTN Nigeria lifts trading on NSE, records 10 percent growth second trading day

MTN Nigeria Communications Plc for the second trading day appreciated by 10 per cent due to high demand for the equity on the Nigerian Stock Exchange (NSE).

MTN stocks gain 21 percent in 48 hours

The telecommunications giant, which is the only one listed in the sector by the Nigerian Stock Exchange gained the maximum 10 per cent each of the two days of trading. It was initially listed at N90 on Thursday.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN Nigeria hits N2.21 trillion as investors scramble for shares

MTN Nigeria Communications Plc has risen by the maximum daily allowable price gain of 10 per cent by mid day trading at the Nigerian Stock Exchange (NSE), chalking up a whooping N201.47 billion capital gains in second day of trading at the stock market.
Nigerian Stock Exchange NSE

NSE gains N1.9 trillion as MTN lists 20.35 billion shares

The market capitalisation of equities listed on the Nigerian Stock Exchange rose by N1.90tn on Thursday after MTN Nigeria Communications Plc listed 20.35 billion shares on the Exchange.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN Nigeria gains N184 billion in listing rally

MTN Nigeria Communications Plc has just listed its shares on the Nigerian Stock Exchange (NSE), rallying N184 billion gain in first day of trading.

MTN Nigeria admitted into NSE Premium Board

The Nigerian Stock Exchange on Thursday announced the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc.
Ferdi Moolman

MTN Nigeria registers 20.35 billion shares

MTN Nigeria Communications Plc on Tuesday announced that it had successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the Securities and Exchange Commission.

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