Author Archives: Ruth Omoteso

Transactions on the floor of the Nigerian Exchange on Thursday closed on a bullish note as the All Share Index appreciated by 0.15% to close at 52,917.76 points from the previous close of 52,838.45 points. Investors gained N42 billion as the Market Capitalisation grew by 0.15% to close at N28.528 trillion from the previous close of N28.486 […]

The Nigerian stock market on Wednesday bounced back after a marginal declined on Tuesday to close higher, buoyed by gains in Dangote Cement, MTN Nigeria and other 41stocks as the All Share Index grew by 1.99% to stand at 52,838.45 points against the previous close of 51,805.41 points. The market capitalisation grew by N563 billion or 2.02%[…]

Airtel Africa on Wednesday published its Fourth Quarter report for the year ended 31 March 2022. Revenue of the telecom giant grew by 21% for the year to $4.714 billion (N1.96 trillion) from $3.888 billion (N1.62 trillion) reported the previous year. According to the report, constant currency underlying revenue growth was strong in all regions: Nigeria up[…]