The Nigerian stock market on Tuesday closed flat amidst weight shedding in 22 stocks as the All Share Index closed at 55,603.94 points from the previous close of 55,605.57 points. The Market Capitalisation closed at N30.290 trillion, about 1 billion below its previous close on Monday. An aggregate of 154 million units of shares were traded […]
The Nigerian stock market on Monday closed on a positive note with 0.14% growth. Year to date, the market has returned 8.5% with the All Share Index and Market Capitalisation at 55,605.57 points and N30.291 trillion respectively. In a stock market review with Mr Gilbert Ayoola, a seasoned Capital Market expert, the following were discussed: Excerpts: The[…]
MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of the successful completion of its series 4 & 5 Commercial Paper issuance under its N150 Commercial Paper Issuance programme (CP issuance). MTN Nigeria sought to raise N100 billion, and the transaction was 125% subscribed with a total of N125 billion raised. MTN Nigeria[…]