Lagos, Kano, Oyo, FCT, and Ogun state recorded a total increase of 8.96 million new internet subscribers between 2019 and 2020.
Rise Fund's $200 million investments values AMC BV at $2.65 billion
Nigerian telcos lost a total of 2.98 million internet subscribers in the month of January 2021.
The combined market capitalization of DANGCEM, MTN, AIRTEL and BUACEMENT account for N13.17 trillion or 64.7% of NSE's total market capitalization.
It remains to be seen how Airtel Nigeria plans to cover the losses of Q3 2020 in its Q4 2020 financial results.
Nigerian Stock Exchange Year-to-Date Return stood at 4.08% to print market capitalization at N21.934 trillion
The All Share Index gained 0.21% to close at 41,088.96 index points. Year to date return and market capitalization settled at 2.03%, and N21.49 trillion respectively
Sokoto State recorded a massive jump of 54.1% in the number of mobile internet subscribers in Q3 2020
According to the NBS report, the total number of internet subscribers increased by 7.87 million (5.48%) in Q3 2020.
Thirty- five (35) equities appreciated at price during the week, lower than fifty-three (53) equities in the previous week.