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NovAirtel to acquire 5G spectrum for $273.6m
Airtel has requested that the Nigerian Communications Commission(NCC) should administratively assign it one of the remaining 3.5GHz spectrum lots at the reserve price of $273.6 million. The request was made on Tuesday during a stakeholder event in Lagos to review comments made to the NCC’s recently released Information Memorandum regarding the planned auction of two […]
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NovNigeria’s inflation rate rises to 21.09%
Report published by the National Bureau of Statistics has revealed that Nigeria’s inflation rate rose from 20.77% in September 2022 to 21.09% in October 2022 According to NBS, food Inflation was 23.72% in October 2022, from 23.34% in September 2022. “On a month-on-month basis, the headline inflation rate for October[…]
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NovNGXASI closes marginally lower by 0.02%
The equity market on Tuesday closed bearish as the All Share Index was down marginally by 0.02% to settle at 43,808.25 points from the previous close of 43,818.12 points. The Market Capitalisation declined by 0.03% to close at N23.861 trillion from the previous close of N23.867 trillion, thereby shedding N6[…]
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NovStock Market Review: November 15, 2022
It was a bearish session on the floor of the Nigerian stock market on Monday as the All Share Index and Market Capitalisation declined by 0.34% to close at 43,818.12 points and N23.867 trillion. In a chat with Mallam Garba Kurfi, the MD/CEO of APT Securities and Funds Limited on[…]
