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N100bn Loss Shakes Equity Investors’ Rising Confidence

N100bn Loss Shakes Equity Investors' Rising Confidence   The domestic equities market resumed the week on a negative note as the All Share Index declined by 0.74 per cent to settle at 27,547.32 basis points while the year-to-date loss worsened to –12.3 per cent. Investors lost N99.6bn...

NCDMB Purchases Equity In 12,000bpd Modular Refinery

NCDMB Purchases Equity In 12,000bpd Modular Refinery The Nigerian Content Development and Monitoring Board says it has acquired equity in the 12,000 barrels per day modular refinery being constructed by Azikel Petroleum Limited in Bayelsa State. The NCDMB said in a statement that when completed and...

Financial Stocks Boost Total Equity Turnover By 59.23%

Financial Stocks Boost Total Equity Turnover By 59.23% The financial services industry (measured by volume), dominated in volume terms at the end of last week’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), with 824.153 million shares valued at N9.274 billion traded...