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In Six Months, Telecom Stocks Gained N366bn

In Six Months, Telecom Stocks Gained N366bn     Shareholders of telecommunications services companies quoted on the main and premium boards of the nation’s stock market recorded a gain of about N366bn in the first half of the year 2020 following positive market sentiment on the stocks...

Discos Lose N366bn To Tariff Hike Postponement

Discos Lose N366bn To Tariff Hike Postponement   The postponement of the electricity tariff hike shift from April to June is estimated to have cost the 11 Distribution Companies (DisCos) about N366 billion in expected revenue. The Nigerian Electricity Regulatory Commission (NERC) which had planned to approve...

In Three Days, Stock Market Investors Lose N366bn

In Three Days, Stock Market Investors Lose N366bn Equity investors in the Nigerian Stock Exchange lost a total of N366bn in the last three consecutive trading days. Last week, investors and other stakeholders welcomed the listing of Airtel Africa Plc’s shares on the NSE. The listing, which...

SNEPCo Paid N366bn Revenue To FG In 2018

SNEPCo Paid N366bn Revenue To FG In 2018 Shell Nigeria Exploration and Production Company Limited said it paid N366bn in 2018 as revenue to the Federal Government from its exploration activities. The Managing Director, SNEPCo, Mr Bayo Ojulari, said the company also made a statutory payment...