MTN Nigeria Communications made the biggest gain on Tuesday a day after the federal government announced a 50 percent tariff hike.
This is as telcos set their sights on a N6.6 trillion windfall from the tariff increase this year.
Shares of MTNN moved up the most on Tuesday by 10 percent, helping to strengthen the Lagos bourse movement upwards.
MTNN, which opened for trading on Tuesday at N233 per share, rose to N256.30, after adding N23.30 at the close of trading.
Investors traded N1.631billion shares of MTNN on Tuesday. The stock h
