08

Apr

Stock market extends down trend by 0.46%

It was yet another bearish session on the floor of the Nigerian stock market on Thursday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.46% to close at 46,543.51 points from the previous close of 46,766.16 points. The Market Capitalisation declined by 0.46% to close at N25.092 trillion from the previous […]

06

Apr

MTN, Airtel explain reasons for suspension of SIMs not linked to NIN

The two telecoms giants listed on the floor of the Nigerian Exchange, MTN Nigeria and Airtel Africa have explained to the investing public the reasons for the phased suspension of services to subscribers who’s SIMs are not associated with National Identity Number (NIN). Following a directive issued by the Nigerian Communications Commission (NCC) on 7 December 2020[…]

06

Apr

Stock market gains N48bn as NGXASI closes higher by 0.19%

The Nigerian stock market on Tuesday closed higher as the All Share Index appreciated by 0.19% to settle at 46,777.37 points from the previous close of 46,687.85 points. The Market Capitalisation grew by 0.19% to close at N25.218 trillion from the previous close of N25.170 trillion, thereby gaining N105 billion. An aggregate of 257 million units of[…]