Strive Masiyiwa, Econet wireless chairman The latest report prepared by Hartland-Peel is an update as of March 2022 and covers the Top 30 companies in Sub-Sahara Africa ex SA by market capitalisation. Below are highlights from the report. According to the report, MTN Group had the highest market capitalisation among other companies in the region, […]
Alhaji Aliko Dangote Aliko Dangote gained $915 million during the first three months of 2022, according to the Bloomberg Billionaires Index. He is now worth $20 billion and is the 79th richest person in the world. Alhaji Dangote is also the only African among the top 100 richest people in the entire world. When you […]
MTN AND Dangote Cement Kayode Tokede Despite economic challenges, investors’ in the Nigerian capital market has continued to enjoy mouthwatering return on investment as most highly capitalised declares improved dividends. For instance, Dangote Cement Plc, MTN Nigeria, Zenith Bank Plc, among five other companies listed on the Nigerian Exchange Limited (NGX) have proposed a total […]
.Airtel market capitalisation now N4.735trn .Dangote Cement adds N219.8bn Kayode Tokede On the backdrop of aggressive profit-taking by investors’, the market capitalisation of 10 top losers on the Nigerian Stock Exchange Limited (NGX) depreciated by N135.42billion in the month of February 2022, market data has revealed Among the top losers on the Exchange in February […]
Naira to dollar exchange Nigeria’s exchange rate risks surpassing N600/$1 at the unofficial FX market as foreign investors who were paid dividends for the 2021 financial year seek to repatriate their earnings. Naira currently trades at a record high of N588/$1 at the black market, as demand pressure continues to drive the rate higher. Similarly, […]
A worker walks past an outlet of South Africa’s MTN Group in Johannesburg, South Africa, February 23, 2016. REUTERS/Siphiwe Sibeko/File Photo The market cap of the Top 30 companies for January 2022 was US$116bn, up 4.7% in December. BUA Foods (Nigeria) and Access Bank (Nigeria) are new entrants in the Top 30, replacing Jumia Technologies […]
aliko-dangote MTN Group’s market capitalisation as of February 2022 was estimated at $24billion, making it the highest prized brand in Sub Saharan Africa. Safaricom ranked second on the top 30 companies list with a market capitalisation of $13 billion, making it the most valuable brand in East Africa. The market cap of the Top 30 […]
ABUJA- Nigerian stocks climbed towards a four-year high on Wednesday, after Dangote Cement, Nigeria’s biggest listed company, announced plans to buy back shares next week. The all-share index gained 1.16% to 44,367 points, a level last reached in February 2018. Dangote Cement rose 6.18% to 275 naira, valuing the cement group at 4.675 trillion naira […]
Top stocks to watch this week More firms released their financial reports for 2021 last week, a majority of them large-cap stocks from sectors as varied as energy, consumer goods, banking and industrial goods. Much as quite a number posted spectacular earnings, two of the five big banks reported passably impressive earnings, while GTCO’s was […]
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 0.28% to close at N18.23 trillion from N18.18 trillion the previous week, reflecting a gain of N50.89 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE, MTNN Plc, and recently, BUA FOODS. Stock Performance: MTNN Plc – N206.00 […]
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