11
JanThe stock market on Tuesday closed on a bearish note, occasioned by profit taking in Airtel Africa and 15 other stocks. The All Share Index dipped by 0.48% to close at 51,446.60 points from the previous close of 51,693.08 points. The Market Capitalisation closed at N28.022 trillion, down by 0.48% from the previous close of N28.156 trillion, […]
09
JanAirtel Africa Plc has announced that its Nigerian subsidiary, Airtel Networks Limited, has purchased 100 MHz of spectrum in the 3500MHz band and 2x5MHz of 2600MHz from the Nigerian Communications Commission (NCC) for a gross consideration of $316.7m, payable in local currency. This additional spectrum will support our investments in network expansion for both mobile data and[…]
09
JanThe stock market last week was marginally down by 0.06% with the All Share Index and Market Capitalisation closing at 51,222.34 points and N27.899 trillion respectively. In a stock market review with Mallam Garba Kurfi, MD/CEO of APT Securities and Funds Limited, the following were discussed: Excerpts: The market closed the week on a negative note with[…]
