Browsing: NGX

MTN Nigeria Plc returned to profitability in the third quarter (Q3) of the financial year 2024, a development that marked a significant turning point after three consecutive quarters of net losses. The feat signalled a successful recovery strategy and a promising trajectory moving forward.

Equities market capitalisation of the Nigerian Exchange (NGX) expanded by about N248 billion on Friday due to sustained rally on growth stocks. Trading data showed that the local bourse ended first week of the New Year in the green. Key market performance indicators increased by +0.64% in the first two trading days of the year.