Tue Nov 3, 2015/Reuters South Africa’s MTN on Tuesday said the Nigerian regulator has renewed its operating spectrum and extended the operating licence for Africa’s biggest mobile firm to 2021 at a cost of $94.2 million. MTN, which had a $5.2 billion fine imposed on it by the Nigerian Communication […]
Capital Market
Nigerian Equities Commence Week Slippery, as Index Dip 0.14%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday commenced the week on a slippery note as all-share index (ASI) dipped 0.14 percent to close at 29,136.85 basis points, while market capitalisation decreased by N14.05 billion to close at N10.01 trillion. “Today’s performance further extended the Year-to-Date loss […]
NSE Foreign Transactions Dip 69.42% Year-on-Year as at Sept’15
By InvestAdvocate Lagos (INVESTADVOCATE)-Total foreign transactions on the Nigerian Stock Exchange (NSE) dipped 69.42 percent to N69.33 billion in September 2015 from N226.68 billion recorded the same period of last year, according to the latest data released by the NSE. The report says that monthly Foreign Portfolio Investments (FPIs) transactions […]
