Daily Market Update | 15-05-2024
Daily Market Update (Equities) Today, the Nigerian Equities market sustained its bearish run, as the All-Share Index (ASI) dipped by 0.13% to close at 97,343.42 points. As a result, the market’s year-to-date (YtD) returns fell to 30.18% from 30.36% YtD yesterday. However, market activity was positive today, with the total volume and value traded rising […]
MTNN Plc Q1:2024 Earnings Note – Foreign Exchange (FX) Losses Plague Bottom-line
Below is a detailed overview of the financial performance of MTN Nigeria Communications Plc during the first quarter of 2024. Limited Pass-through for Stronger Revenues In its recently released Q1:2024 financial result, MTN Nigeria Communications Plc (MTNN) recorded higher revenue figures on a Year- on-Year (YoY) basis, recording a 32.54% YoY growth to NGN752.98bn in […]
