MTN Nigeria shares jump on second day of trading

MTN Group Ltd.’s Nigerian unit soared another 10% on its second day of trading in Lagos as investors rushed to grab a slice of the country’s only listed mobile-phone company.

MTN Nigeria to list shares in Lagos in $6b flotation

MTN Nigeria announced plans to float its stock in Lagos on Thursday in a deal valued at $6 billion, following the South African telecoms group’s agreement with Nigerian regulators to settle a long-running dispute.

MTN defends performance of share price on GSE

MTN Ghana is blaming the fluctuations on its share price after listing on the Ghana Stock Exchange (GSE) on the general performance of the economy and loss of confidence by some investors.

Latest Stories From Stock Market
India’s Bharti Airtel plans to kick off IPO of $5b Africa phone unit

Bharti Airtel Ltd., India’s second-biggest wireless carrier, is preparing to kick off the initial public offering of its Africa unit in a deal that could raise about $1 billion, people familiar with the matter said.

Posted: 10 days ago   Views: 1709
Read More

Stock market plummets in April

Although some stock market watchers had, earlier this year expressed optimism that the market will rebound following the payments of dividends to shareholders in the second quarter of the year, the opposite is happening instead. 

Posted: 12 days ago   Views: 1812
Read More

Uber to list on New York Stock Exchange' for stock listing

Ride-hailing firm Uber will list on the New York Stock Exchange, according to reports, in one of the most anticipated stock debuts of the year.

Posted: 2 months ago   Views: 4088
Read More

Jumia files for IPO on New York Stock Exchange

E-commerce firm Jumia has filed for an Initial Public Offering on the New York Stock Exchange (NYSE), which will make it the first African technology company to list on the exchange.

Posted: 2 months ago   Views: 5567
Read More

Ghana Commodity Exchange signs MoU with Barclays Bank

The Ghana Commodity Exchange (GCX) and Barclays Ghana, have signed a Memorandum of Understanding (MoU) to cooperate with one another in building a framework for the settlement of trades as well as the provision of financial services to exchange actors.

Posted: 2 months ago   Views: 4413
Read More

Stock market performance continues sluggish run in 2019

The Ghana Stock Exchange (GSE) for the first two months of this year has continued to record the same bearish performance that it suffered from for much of 2018.

Posted: 2 months ago   Views: 6026
Read More

MultiChoice jumps 15% on JSE debut

Shares in Africa’s biggest pay-TV group MultiChoice leapt around 15 percent on its market debut on Wednesday, launching the company straight into the top-40 firms on Johannesburg’s bourse.

Posted: 3 months ago   Views: 4591
Read More

London Stock Exchange to partner Ghana for capital markets dev't

The London Stock Exchange (LSE) has agreed to cooperate with Ghana to build partnerships, deepen and tighten harmonisation.

Posted: 3 months ago   Views: 5698
Read More

GH¢2 billion raised on GSE in 2018

A total of GH¢2 billion was raised on the Ghana Stock Exchange (GSE) in 2018. This is as against the 2017 financial year when no capital was raised on the local bourse.

Posted: 4 months ago   Views: 5893
Read More

GSE calls for formalised forex trading platform

The Ghana Stock Exchange (GSE) has called for a formalised forex trading platform that will see the local currency bought and sold in a much more transparent manner.

Posted: 4 months ago   Views: 8460
Read More