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Telecom Operators Invested N471.9bn In 2019 – NCC

Telecom Operators Invested N471.9bn In 2019 - NCC       The capital investment of mobile network operators and other telecom service providers in 2019 stood at N471.91bn, growing by seven per cent; the latest report by the Nigerian Communications Commission has shown. The capital investment of operators increased...

Stocks Hit More Than Five-year High, Gain N710bn

Stocks Hit More Than Five-year High, Gain N710bn       The Nigerian stock market sustained its positive outlook on Tuesday for the 12th trading session as the All-Share Index rose by 4.92 per cent to its highest in more than five years. The market capitalisation of equities appreciated...

Stock Market Gains N1trn In Two Days

Stock Market Gains N1trn In Two Days       Investments in stock market soared to new heights yesterday as more money are diverted from money market into the stocks bringing investors’ gains to over N1.07 trillion in two days of trading this week. The bears have continued to...

NCC Celebrates MTN’s N1trn Gains In Capital Market

NCC Celebrates MTN’s N1trn Gains In Capital Market         The Nigerian Communications Commission (NCC) is counting the gains of the listing of MTN in the Nigerian Stocks Exchange (NSE) market, asserting that investors have “raked in approximately N1 trillion in price appreciation and dividends since April...

MTN Invests N247m In Fight Against Substance Abuse

MTN Invests N247m In Fight Against Substance Abuse   MTN Foundation says it has invested an estimated sum of N247m in anti-substance abuse campaign and impacted 13.5 million people. The Foundation in a statement on Monday said it set up the Anti-Substance Abuse Programme in 2018 hinged...

Market Loses N138bn To Sell-offs In MTN, Others

Market Loses N138bn To Sell-offs In MTN, Others   Trading on the floor of the Nigerian Stock Exchange (NSE) sustained the previous day’s bearish outing as sell-offs in STANBIC (-8.3%), GUARANTY (-2.4%) and MTNN (-0.7%) saw the market shed N138 billion from market capitalization to close...