July 1, 2024/NGX Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable exchange championing the development of Africa’s largest economy, has announced the results of its full year market index review for the followingS indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; […]
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MTN Nigeria Plc – Elevated Cost Offsets Topline Growth
July 1, 2024/WSTC Securities MTN Nigeria Communications Plc recorded a 33% year-on-year revenue growth to N752.98bn in Q1 2024 from N568.14bn in Q1 2023. The development was supported by a strong growth trajectory in data revenue (+53% year-on-year to N349.00bn), and the segment contributed 46% to total revenue. Additionally, voice […]
NGXASI Dips -0.04% on Losses in CORNEST, ETRANZACT, FIDSON
July 1, 2024/InvestmentOne Report The NGXASI declined by 0.04% today to close at 100,020.83pts, as the losses observed ETRANZACT (-10.00%), FIDSON (-9.70%) and CORNEST (-9.52%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the optimistic […]
