Stock Exchange
NDIC extends MMO subscribers’ maximum limit to N500,000
Following intense complaints from the Mobile Money Operators in the country, the Nigeria Deposit Insurance Corporation (NDIC) has extended its…
Foreign investment in equities rises to $9.48bn
By Moses Obajemu The value of the foreign portfolio and direct investment in equities amounted to $9.48bn (N3.44tn) between June…
“Nigeria, great place for business” says Airtel MD as stock debuts at N363 on NSE
Segun Ogunsanya, the managing director of Airtel Nigeria, Tuesday, praised Nigeria, as a country that is great for business. Ogunsanya…
Nigeria’s equities market cap gains N219bn as bull-run lifts NSEASI 1.6%
The bullish run in the Nigerian bourse continued Thursday with the benchmark index, the NSEASI, rising 1.6 percent to settle…
Analysts expect the bullish trend to be sustained this week
In the money market, the open buyback (OBB) and overnight (ON) rates declined w-o-w due to changes in system liquidity…
SEC confirms discussions with MTN Group on $500m initial public offering
The Securities and Exchange Commission (SEC) Wednesday confirmed it was in discussions with MTN Group on the company’s planned $500…
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