One Week After CBN Fines –MTN Share Price Drops by 31.06%; DIAMONDBNK and STANBIC Also Drop


Thursday, September 06, 2018  10:54 AM / Proshare Markets

Just one week after the CBN fine, the shares of MTN Group trading on the Johannesburg Stock Exchange has so far dropped by -31.06%.

Of the Four banks fined by the CBN, two (2) are listed entities on the floor of the Nigerian Stock Exchange. They equally recorded a relative drop in their share prices.

DIAMONDBNK share price was the most hit with -9.35% drop while STANBIC recorded a moderate  -3.09% loss.

Proshare Nigeria Pvt. Ltd.Source: NSE, Proshare Reseaarch

Proshare Nigeria Pvt. Ltd.


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