Five Firms Account For 70% Of Nigeria’s Stock Market Value       Dangote Cement Plc and four other companies accounted for about 69.59 per cent of the market capitalisation of equities on the Nigerian Exchange Limited as of the end of April. The other companies are MTN Nigeria...

Banks’ USSD debts to telecom firms hit N47 billion The total debts owed by banks to telecommunications service providers arising from the use of Unstructured Supplementary Service Data (USSD) have risen from N42 billion to N47billion. USSD is a Global System for Mobile Communications (GSM) protocol...

Stock Market Declines As 14 Firms Record Losses       The stock market closed on a negative note on Monday as 14 companies saw their share prices decline at the end of trading on the Nigerian Exchange Limited. The NGX All-Share Index fell by 0.44 per cent to...

Investors Stake N16bn On 1.4 Billion Shares       The Nigerian equities market attracted investment inflow of N15.918 billion last week staked on 1.419 billion shares in 18,459 deals. This indicated an increase by 46.3 per cent from the N10.883 billion invested in 1.441 billion shares in 19,614...

The failure of Political, Security and Economic Sorcery, by Salisu Na'inna Dambatta       Nigeria is currently facing a triplet of experts, specialists and pundits in political, security and economic sorcery. They always predict doom for Nigeria. They are simultaneously trading their wares in a country they...

MTN Completes Issuance Of N110bn Bonds       MTN Nigeria Communications Plc said on Thursday that it had successfully completed the issuance of N110bn Series 1 seven-year 13 per cent Fixed Rate Bonds due 2028, under a N200bn bond programme to refinance existing debt and support network...