07

Mar

Stock Market Review: March 7, 2023

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[…]

07

Mar

MTN Nigeria raises N125bn via Commercial Paper Issuance

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[…]