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Nigerian Stock Exchange NSE

Pressure on equities as investors lose N200 billion

Sustained sell-offs in highly capitalised stocks trading on the floor of the Nigerian Stock Exchange (NSE) was the theme this week as investors lost a total of N200 billion Week-on-Week.
Nigerian Stock Exchange NSE

Nigerian stocks slump further

The Nigerian stock market took another round of pummelling following the weak state of the economy and as a result of the N157 billion shaved off from the market capitalisation of the Nigerian Stock Exchange (NSE) Week-on-Week (W-o-W).

MTN earns N469 billion from airtime, data, SMS in H1

MTN Nigeria made a total of N469.4bn revenue from sales of airtime, data and Short Messaging Service in the first six months of the year, the 2019 half-year unaudited financial report of the company stated.
Nigerian Stock Exchange NSE

Mixed corporate earnings push NSE ASI down 1.8%

Nigeria’s equity market stretched its bearish run as the benchmark index closed lower by 1.8 per cent Week-on-Week (W-o-W) at 29,918.59 points, hitting over two-year lows as corporate earnings season opened.

MTN mobile subscribers hit 61.5 million in Nigeria

Telecommunication giant, MTN Nigeria, on Friday said its mobile subscribers’ base increased to 61.5 million in the first quarter of 2019.

MTN: Central bank debits four banks N5.87 billion

The Central Bank of Nigeria has debited the four banks it sanctioned over the breaching of its capital importation policy of N5.87 billion.

Recent Stories

Lagos government scales up fish production

Lagos State Government says it is implementing programmes and projects that would upscale fish production and harness the enormous economic opportunities available in the agricultural value chains in the State.

Chad declares emergency in east after dozens die in ethnic violence

Chad President Idriss Deby declared a state of emergency in two eastern provinces on Sunday after violent intercommunal clashes left dozens dead earlier this month.
A board member of the Athletics Federation of Nigeria (AFN), Brown Ebewele, says the country is risking its chances of winning the forthcoming African Games following the choice of athletes by the federation to represent the country.

African Games: Organisers formally welcome Team Nigeria

Organisers of the 12th African Games on Sunday, officially welcomed Team Nigeria to “Rabat 2019”, with a flag-raising ceremony at the Games Village located at the International University of Rabat.

Police found decomposing body of farm worker on mango tree

The Police in Ogun State have discovered the decomposing remains of a farm worker, who was allegedly murdered by his boss, over allegation of stealing.

Pastor blames devil, poor tithes for stealing N1.2 million SUV

The Pastor of Jesus Miracle Church at No. 16, Ado-Odo Road, Afan, Sango-Ota, Ogun State, Jeremiah Ehindero, has said he stole a N1.2million vehicle when his congregation’s tithes and offerings was not enough to pay off a N650,000 bank loan.