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DecTransactions on the floor of the Nigerian Exchange on Tuesday closed flat as the All Share Index closed at 49,416.18 points from the previous close of 49,414.96 points, hence there is no significant change. The Market Capitalisation close at N26.916 trillion from the previous close of N26.915 trillion. An aggregate of 100 million units of shares were […]
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DecThe stock market on Monday open the week on a positive note with 0.20% growth. Year to date, the market has returned 15.68% with the All Share Index and Market Capitalisation at 49,414.96 points and N26.915 trillion respectively.In a stock market review with Mallam Garba Kurfi, MD/CEO of APT Securities and Funds Limited, the following were discussed: Excerpts:[…]
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DecMTN Nigeria Communications Plc has notified he Nigerian Exchange and the investing public that its shareholders at the Extraordinary General Meeting have approved the cancellation of 7.5 billion unissued shares. The shareholders of the telecom giant also approved the cancellation of over 402 million preference shares of $0.005 each. Source: MTN Nigeria to cancel 7.5bn uninssued shares[…]
