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Equity Market Records Marginal Loss

Equity Market Records Marginal Loss   Equity investors on Wednesday recorded marginal loss as market almost closed on flat note, depreciating by 0.004 per cent. Consequently, the All-Share Index dipped 95.01 basis points or 0.004 per cent to close at 24,173.53 index points as against 24,174.45 recorded...

Equity Market Begins Week With N9bn Loss

Equity Market Begins Week With N9bn Loss     Transactions on the floor of the Nigerian equity market on Monday extended losses as bears tighten their grip on the local bourse. The market breadth also closed positive and recorded 12 gainers against 13 losers. Consequently, the All-Share Index dipped...

Equity Market Extends Weekly Downtrend By 3.51%

Equity Market Extends Weekly Downtrend By 3.51%     Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly decline as the NSE All-Share Index and market capitalisation both depreciated by 3.51 per cent to close last week at 21,094.62 and...

FG, State Borrows N1.16trn From Equity Market

FG, State Borrows N1.16trn From Equity Market To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about N1.16trn from the equities market in 2018, including the maiden N100 billion Sukuk designed to fund critical road network across...

Trump’s China Threat Shakes Stock, Oil markets

Trump’s China Threat Shakes Stock, Oil markets Crude oil and global equity markets tumbled last Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, renewing investor jitters about the potential impact a tariff war would have on the world...