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Five Firms Account For 70% Of Nigeria’s Stock Market Value

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...

MTN Completes Issuance Of N110bn Bonds

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...

MTN Loses 5m Users, Records N385.2bn Revenue In Q1, 2021

MTN Loses 5m Users, Records N385.2bn Revenue In Q1, 2021       MTN Nigeria Communications Plc has reported a profit after tax of N73.75bn for the first quarter of 2021, up 42.35 percent from N51.74bn in the same quarter of last year. The telecommunications company said its profit...