Capital Market
MTN Nigeria market capitalization hits N5 trillion, worth more than all Nigerian banks
Nigeria’s leading telecommunication company, MTN Nigeria has hit N5 trillion market capitalisation which makes it more valuable than all the banks and insurance
Naira plunges at the official exchange market, despite forex supply
The official exchange rate between the naira and the US dollar closed at N419.25 per dollar at the Investors and Exporters (I&E) window, which represents 0.18%
Nigeria's stocks beat South Africa, Ghana others to rank best performing in Africa as investors share N5.4trn
Nigerian stocks is outperforming its African peers in terms of return of investment despite starting the year slowly and also the economic issues in the country
Naira firms up at official market but loses at the black market, exchanges at N602 per dollar
There seems to be no end in sight for the Nigerian currency, the naira as it continues to slide on a daily basis, buckling before major international currencies
Naira slides further to N419 per dollar, hits N600 at the black market
The exchange rate between the Nigerian currency, the naira and the US dollar widened further at the official Investors and Exporters window, closes at N419.
Naira slumps further, trades at N595 per dollar amid forex scarcity
Foreign Exchange scarcity has driven the naira to trade at N595 per dollar on Friday, May 7, 2022, in the parallel market and Forex operators plead with the CBN
In eight hours, stock investors in nigeria make N262bn, thanks to the performance of 31 companies
The return of the public holiday was a good one as stock investors in Nigeria walks home with over N262bn thanks to the impressive performance of 31 companies.
Naira falls flat at parallel market, exchanges for N591/$1 as foreign reserve hits $39.74 billion
The exchange rate between the naira and the dollar fell flat at the Investors and Exporters window where forex is traded officially. It closed at N417/$1 recent
MTNN Hits N4.27 trillion valuation as it gains N61 billion in market value
The share price of MTN Nigeria Plc seems to be running on some enhancements as its share price went up by 1.45 per cent to close trading on Wednesday, March 30
Capital Market
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