MTN Nigeria

MTN Nigeria Communications Plc has announced a N137 billion loss in its audited result and accounts for the period ended December 31, 2023, from N348.73 billion profit declared in 2022, attributable to the naira devaluation policy of the…

Effective February 29th, telecom operators in the country will bar subscribers whose phone numbers are not linked to the National Identification Number (NIN) in the ongoing integration of SIM cards into the NIN database. This follows…

The Nigeria Communications Plc, MTN Nigeria, will today (Thursday) launch book building in respect of its Series I (Tranche A and B) bond. Book building is the process by which an underwriter attempts to determine the price at which an…

Trading at the floor of the Nigerian Exchange Limited closed flat on Tuesday as the opening and closing difference of the All-Share Index and market capitalisation levelled to zero per cent. It, however, left investors with a N1.09…

Bearish sentiment persisted on the Nigerian Exchange Limited (NGX) on Wednesday as investors lost N24.38 billion following further drop of the market capitalisation to N26.75 trillion for the third straight loss in week. The All-Share…

Loss widened at the floor of the Nigerian Exchange Limited (NGX) on Tuesday as investors lost N186.89 billion at the close of the day's trading session. The All-Share Index declined by 0.69 per cent to close at 49,644.92 basid points…

Trading at the floor of the Nigerian Exchange Limited (NGX) started the week in negative territory as profit-taking activity, particularly on banking stocks, dipped the All-Share Index. As a result, the ASI and market capitalisation shed…

Nigeria now joins the league of countries which have adopted the fifth-generation (5G) telecommunication network to boost their economy as MTN Nigeria Communications Plc, on Wednesday, kicked off the 5G network despite the dilapidation of…

Airtel Africa has purchased $40million additional spectrum in Kenya to extend its operation in the country, eight months after its lost the 5G bid to MTN Nigeria and Mafab Communications Limited in Nigeria. The firm acquired 60 megahertz…

The Chief Executive officer of Stanbic IBTC Capital, Funsho Akere, has lamented the time lag it takes listed companies to raise equity capital on the Nigerian Exchange Limited (NGX).   He stated this Thursday at the virtual CEO…