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Stock Market Sheds N812bn In May

Stock Market Sheds N812bn In May       The rally witnessed in the equities market in April was halted in May as rising yields in the fixed income securities market reduced demand by investors. Owing to this, the market, which gained N418 billion in April, depreciated further by...

NGX Declines Further By N301bn On Losses By Blue Chips

NGX Declines Further By N301bn On Losses By Blue Chips       Major blue chips posted price depreciation on the Nigerian Exchange (NGX) on Wednesday, forcing the market capitalisation to drop by N301 billion in one day. Specifically, the market capitalisation which opened at N20.339 trillion lost N301...