NGX ASI rises 0.76% as Stanbic posts ₦551.7 bln and MTNN flags ₦921.8 mln buys
The NGX ASI closed up 0.7567% at 1,813.5 on June 29, after a 1.06% decline reported on June 26, while MTNN fell 10% on the day, according to a June 29 analyst report. MTN Nigeria disclosed insider share acquisitions worth ₦921.8 million across 5 tranches on June 29, after vesting 129,129 shares worth ₦103.3 million to 6 employees on June 22, according to TechNext.ng. Stanbic IBTC posted a record ₦551.7 billion profit for 2025 and raised its dividend, according to Marketing Edge. Seplat Energy issued 3 updates between June 25 and June 28, naming Elumelu chairman and Okon CEO, highlighting gas and production growth, and then winning an energy and dividend company award, according to THISDAYLIVE and LEADERSHIP Newspapers.
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