January 9, 2023/NGX Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that its Nigerian subsidiary, Airtel Networks Limited (‘Airtel Nigeria’), has purchased 100 MHz of spectrum in the 3500MHz band and 2x5MHz of 2600MHz from the Nigerian Communications […]
Investors Bite
Positive Stimulation as Consumer Goods Sector Boost NGXASI Up +0.93%
January 9, 2023/InvestmentOne Report The Local bourse opened the week with a positive performance of 0.93% as the NGX-ASI settled at 51,700.36pts. In today’s trade, market breadth index was positive with 18 gainers against 16 losers. THOMASWY (+9.28%) was the top gainer, while UBN (-8.63%) led the losers today. STERLNBANK was the […]
United Capital Research Investment Views This Week 9th January 2023 to 13th January 2023
January 9, 2023/United Capital Research Macro Highlight and Outlook According to the Central Bank of Nigeria (CBN), Nigeria’s external reserves fell by 8.5% y/y ($3.43bn) in 2022 to close the year at $37.1bn compared to $40.5bn as of Dec-2021. The decline can be attributed to the weakening of oil export despite […]
