Stock: MTN Share Price Leads N112bn Market Gain   The equities market opened the week with N112bn gain as 16 gainers emerged, led by MTN Nigeria Communications Plc, whose share price increased by 10 per cent on the back of the revocation of its $2bn tax...

In 11 Months, Investors Reap N112bn From Bonds   The Federal Government has paid a total of N112.42bn as interest on fresh bonds issued from July 2018 to May 2019, data obtained from the Debt Management Office has shown. The interest payments were made between January and...

CBN Records N112bn Oversubscription On T-bills Auction The Central Bank of Nigeria has recorded an oversubscription of N112.15bn on its last Treasury Bills auction. The CBN offered a total of N34.38bn worth of T-bills across the 91-day, 182-day and 364-day tenors. The 91-day tenor saw an oversubscription...

NERC Records Power Sector Shortfall As N112bn In Q1 The Nigerian Electricity Regulatory Commission (NERC) has put the total financial shortfall recorded by Nigeria’s Electricity Market within the first quarter of 2018 at n112 billion. The NERC said in its first quarter (Q1) 2018 operational report...

NSE: Improved Corporate Result Grows Indices By N112b   Improved corporate performance yesterday lifted transactions on the equity sector of the Nigerian Stock Exchange (NSE), as most blue chip stocks, especially, Mutual Benefit Assurance, and Seplat appreciated in price, causing market capitalisation to rise by N112billion. The...

DisCos Owe N112bn For Electricity, Fail Loss Reduction Target In Q1 2018   The 11 electricity Distribution Companies (DisCos) owe N112 billion as debt for energy delivered to their networks in the first three months of 2018 but failed to meet their losses reduction target, a...