Airports Recorded 4.9% Drop In Passenger Traffic In Q2 The number of air passengers dropped by 4.9 per cent from 3.85 million in the first quarter of this year to 3.65 million in the second quarter, a report on the aviation sector released by the...

Market Cap Drops By N111bn As Stocks Fall Further The nation’s equities market extended its decline on Thursday as it shed N111bn following the price depreciation recorded by 31 stocks at the close of trading. The All-Share Index and market capitalisation of equities listed on the...

26 Firms Lose As Market Sheds N190bn The nation’s equities market depreciated by N190bn at the close of trading on Wednesday after 26 stocks recorded price declines. A total of 200.278 million stocks valued at N2.162bn exchanged hands in 3,224 deals. The N35bn gain recorded in the...

Nigeria’s External Debt Rises By $11.77bn In 3 Years Of Buhari Administration Nigeria’s external debt commitment rose by $11.77bn in the last three years of President Muhammadu Buhari's administration. According to debt statistics obtained from the Debt Management Office, the country’s external debt rose from $10.32bn...

Stock Market Declines 5.9% In August The Nigerian equities market recorded a decline of 5.86 per cent in the month of August reflecting prevailing negative investors’ sentiments. About 1.63 per cent of the decline was recorded last week as the Nigerian Stock Exchange All-Share Index...

As MTN, Diamond Bank Shares Plunge Over Fine, Investors Lose N99bn The market capitalization of the Nigerian Stock exchange (NSE) fell by N99.4bn to N12.8tn following sale pressures in bellwethers -GUARANTY (-2.7%), DANGCEM (-0.4%), STANBIC (-2.6%) and ZENITH (-1.6%). The MTN Group shares in South Africa...