Business Hilights

Tracking Nigeria's Headline Business News Online

NSE

NSE to Review 2020 Market Activities, Provide 2021 Outlook

The Nigerian Stock Exchange (NSE) will hold its annual 2020 Market Recap and 2021 Outlook on Tuesday, 19 January 2021, next week. In light of the current protocols around the COVID-19 pandemic, the event will hold virtually and is open…

MTN boss
ICT

Finally, MTN posts first ever loss in decades

Leading continental telecoms giant, South Africa’s MTN, Thursday decried that it made a $200 million loss in 2016; the company’s first ever in a number of rising financial years. However, the company traced the misfortune to the huge fine in…

ICT

Revealed: Listing on Nigeria’s exchange part of MTN’s fine reduction deal with FG

Leading global news agency Bloomberg has disclosed that MTN is inching closer to hitting the Nigerian Stock Exchange (NSE) based on the fact that it formed part of the deal to reduce the $5.2bn fine for breaches in deactivating over…

NSE, DMO partner to list $1bn first FX denominated FGN Eurobonds today

Today, the Nigerian Stock Exchange (NSE) would list the $1 billion Federal Government (FGN) Eurobond issued under Nigeria’s newly established Global Medium Term Note programme on the floor of the Exchange. A statement released by NSe said the 15-year domestic…