Market breadth closed negative, with 16 gainers and 11 losers.
State analysis showed that Lagos had the highest number of active voice subscribers in Q1 of 2022 with 24,226,878, followed by Kano with 11,666,630.
NGX shed N183 billion amid sell offs in MTN, First Bank, Zenith, other stocks
Bullish sentiment returned to the Nigerian stock market on Wednesday, following investors’ interest in MTN Nigeria.
Telecommunication companies under the aegis of Association of Licensed Telecommunication Operators of Nigeria, ALTON have recommended an upward adjustment in call and SMS tariffs
Following the regulatory restrictions on new SIM sales and activation, MTN Nigeria now has 70.2 million.
The House of Representatives has summoned officials of the Ministry of Trade and Investment over alleged N2.6 trillion capital allowances.
The gain halted the bearish sentiments recorded in two consecutive days.
Recovered from the suspects were seven backup batteries valued at N3 million, rectifier module and a vehicle.
The restriction followed an exclusive story that cast a spotlight on Bolaji Gambari as the new head of a cabal in the regime.