Market Bulletin - FGN Savings Bond - May 2026

NGX ASI falls 1.11% as MTN Nigeria highlights N878.7 bln in levies

The NGX ASI fell 1.1119% to 1,789.35 on June 8, extending the pullback after a 1.85% drop flagged on June 5, according to market data and an analyst note. MTN Nigeria said it remitted N878.7 billion in taxes and levies to the federal government, The Nation Newspaper reports. The company also announced a plan to open its data billing systems to public scrutiny, according to Premium Times Nigeria. That move comes under regulator pressure, while the telco explores data-tracking tools, LEADERSHIP Newspapers reports.

Under Regulator Pressure, Telco Opens Billing Process To Public

Under regulatory pressure, a telecom company has opened its billing process to public scrutiny.

MTN Nigeria announces plan to open data billing systems to public scrutiny

MTN Nigeria plans to open its data billing systems to public scrutiny as part of transparency efforts.