Nigeria's leading telecommunications company, MTN Nigeria has proposed to pay N113.985 billion in interim dividend to its shareholders in the first half (H1) of 2022.
US GDP had a nasty surprise for everybody overnight, unexpectedly falling by 0.90%, when market expectations were for a modest 0.50% gain.
A new focus report, produced by Oxford Business Group (OBG) with the African Securities Exchanges Association (ASEA), explores efforts under way to integrate the region’s stock...
Investors in the Nigerian Exchange Limited (NGX) lost N127 billion last week as more investors cash out following the interest rate increase by the Central Bank...
The Nigerian Exchange Limited (NGX) extended its decline on Wednesday after the Central Bank of Nigeria-led monetary committee raised the interest rate to 14%.
Demand was considerably lower, as the DMO secured a total bid of N142.3bn (USD331.6m)
MTN Nigeria, Africa's leading telecommunication company, is seeking approval from the Securities and Exchange Commission to raise another N200 billion via bond issuance for network expansion.
The stock market in Africa's largest economy Nigeria declined slightly on Tuesday after opening the week with a N56 billion gain on Monday.
The Nigerian Exchange Limited (NGX) extended last week's bullish run to post another N56 billion gain after N355 billion recorded last week.
Investors transacted a total turnover of 504.322 million shares worth N7.517 billion in 12,393 deals last week.