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Nov 22
MTN to sell N101 billion stake in Nigerian unit

MTN plans to sell shares in the carrier’s Nigeria unit worth about 101 billion naira, continuing a plan to dispose of assets and pay down debt. Africa’s largest mobile-phone operator will offer 575 million shares in MTN Nigeria, which is listed in Lagos in 2019, according to a statement on Thursday. The move is part […]

Nov 22
Bullish trend continues as equities investors gain N252 billion

The Nigerian stock market yesterday sustained the uptrend with N252 billion or 1.12 percentage gain as investors staked more money in Airtel Africa and 23 others. In summary, the All-Share Index (ASI) increased by 483.68 absolute points, representing a rise of 1.12 per cent to close at 43,730.55 points. Similarly, the overall market capitalisation value […]