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Mobile Phone Operators’ Assets Rise By N804bn

Mobile Phone Operators’ Assets Rise By N804bn         The assets of the six Mobile Network Operators in Nigeria increased by N804.09bn or 0.38 per cent in 2019, a latest report by the Nigerian Communications Commission stated. The 2019 Subscriber/Network Data Report stated that the total value of...

MTN Group Worths $3.3bn, Says Brand Finance

MTN Group Worths $3.3bn, Says Brand Finance       MTN Group says it has been named the most valuable African brand in the Brand Finance Africa 150 2020 ranking, which ascribes a brand value of $3.3 billion to MTN. Brand value is the net economic benefit that a...

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...