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Domestic Investor Participation Remains Strong

January 23, 2025/CSL Research Domestic investors continued to dominate market activity at the Nigerian Exchange Limited (NGX) in 2024, contributing a remarkable 84% of the total transaction value as of November, compared to just 16% from Foreign Portfolio Investors. This robust domestic participation has significantly bolstered the market, providing much-needed […]

MTNN Obtains NCC’s Approval for Renewal, Harmonisation of Spectrum License 800MHz Spectrum Band

January 22, 2025/NGX MTN Nigeria Communications PLC (MTN Nigeria or the ‘Company’) hereby notifies Nigerian Exchange Limited and the investing public that the Nigerian Communications Commission (NCC) has approved the renewal of its first 800MHz Spectrum band licence (Channel 1) for an additional ten years, effective from 1 January 2025 […]

Oando Expands African Upstream Portfolio with Successful Bid for Block KON 13 in Angola

January 22, 2025/NGX Oando PLC (the Company), Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following […]