Airtel 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 […]
The 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[…]
The Nigerian stock market started the year 2023 with a positive vibration, although it closed the week with a marginal loss of 0.06%. Year to date, the market has returned -0.06% with the All Share Index and Market Capitalisation at 51,222.34 points and N27.899 trillion respectively.Prices of stocks few number of stocks have started looking up, although[…]