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Nigerian Stock Exchange NSE

NSE: Market indicators extend losing streak, drop 0.27 per cent

Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.

MTN budgets $1.6 billion to invest in Nigeria

The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within the next three years.
MTN office in Bodija, Ibadan vandalised — in pictures and videos 1

Xenophobic attacks: MTN Nigeria compensates trading partners

MTN Nigeria says it has compensated its trading partners that suffered losses during reprisal attacks in Lagos and some other parts of the country in protest against continued xenophobic attacks and killings of Nigerians in South Africa.
Nigerian Stock Exchange NSE

NSE records first loss in 2020

The Nigerian Stock Exchange posted the first loss in 2020, dropping by 1.18 percent after 11 days of a consecutive uptrend.
Nigerian Stock Exchange NSE

Profit taking drags down equity performance by 1.2 percent

The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.

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.
4G LTE signal

Mobile network subscribers decry fast depletion of data

A cross section of mobile network subscribers have complained of huge costs incurred on mobile data provided by the mobile network operators and called for an increase in data bundle.

5G roll-out: MTN to get high-end support from Huawei

Huawei Technologies Company Nigeria Limited has assured that it would provide advanced and innovative support to MTN Nigeria following the trial roll-out of 5G network technology in Nigeria.
5G signal

Nigeria becomes first West African country to use 5G technology

MTN Nigeria Plc yesterday announced that Nigeria has become the first country in West Africa to try 5G technology and applications.
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 appoints new executive director, chief financial officer

MTN Nigeria Communication PLC on Friday announced the appointment of Modupe Kadri as its new Executive Director and Chief Financial Officer (CFO).
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Tax assessment: Court fixes January 30 for MTN’s suit against AGF

A Federal High Court Lagos on Tuesday further adjourned hearing until Jan. 30 and Jan. 31, 2020, a suit filed by MTN Nigeria Communication Ltd, against the Attorney General of the Federation, over alleged N242 billion and 1.3 billion dollars import duties and withholding tax assessments.

Dangote, MTN, Glo lead in the 2019 most valuable brands in Nigeria

For the umpteenth time, Dangote Group, a Nigerian owned and most diversified conglomerate has emerged the most valuable brand in Nigeria after the 2019 Top 50 Brand survey, while MTN closely followed as the most valuable multinational and telecommunication brands with Glo coming third in the chart.
The federal government has opposed the move of telcos to increase charges on use unstructured supplementary service data (USSD) channels to access banking services.

Federal government kicks against plan to increase USSD charges, orders immediate suspension

The federal government has opposed the move of telcos to increase charges on use unstructured supplementary service data (USSD) channels to access banking services.
Secretary to the Government of the Federation (SGF) Boss Mustapha

Federal government reiterates support for Nollywood

The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, said the Federal Government would ensure that Nollywood actors get a fair deal from their trade.
Nigerian Stock Exchange NSE

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.
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 plans to raise N100 billion from commercial paper

There are strong indications that MTN Nigeria is planning to raise N100 billion through Commercial Paper (CP).
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.

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.
Nigerian Stock Exchange NSE

NSE market capitalisation loses N130 billion in six hours

The Nigerian Stock Exchange market capitalisation on Wednesday shed N130 billion in about six hours of trading.

Recent Stories

Medical council validates four coronavirus test kits – registrar

The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.