NSE closes negative after recovering from 7 weeks losses in the previous week
During the week, prices of 42 equities appreciated, 22 depreciated in price while the remaining 98 equities maintained their prices.
How Ebola, Covid-19 affected MTN, Glo & the Nigerian telecoms industry
The sector grew by 15.29% in 2020 in real terms despite the general decline seen in the economy in 2020.
Investors gain N43.6 billion after 7 consecutive weeks of losses
The Financial Services industry again topped the activity chart on the NSE in the week.
Airtel announces agreement to sell its towers in Madagascar and Malawi
Airtel Africa has agreed to sell its telecommunications tower companies in Madagascar and Malawi to Helios Towers plc.
MTN acquires additional 800 MHz spectrum
MTN Nigeria has announced the acquisition of additional 10MHZ spectrum in the 800MHz band.
Investors lose N13.9 billion on the NSE during the week
The equity market continued in its bearish run for the 7th consecutive week as the ASI dipped by 0.69% to...
DEAL: Rise Fund to invest $200 million in Airtel’s mobile money business
Rise Fund's $200 million investments values AMC BV at $2.65 billion
Food inflation rate in Nigeria surges to highest in over 15 years
Nigeria’s food inflation rate surged to 21.79% in February 2021, which is the highest rate recorded in Nigeria since October...
Nigeria records highest trade deficit since 1981
Nigeria recorded its highest foreign trade deficit since 1981 as the country's trade balance stood at -N7.38 trillion in 2020
Female unemployment rate in Nigeria rises to 35.2% in Q4 2020
Female unemployment rate in Nigeria as of Q4 2020 increased to 35.2% from 31.6% recorded in Q2 2020.
