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NGX Loses N93bn as Global Equity Market Declines

NGX Loses N93bn as Global Equity Market Declines   The Nigerian equity market shed N93bn on Monday, mirroring the broader global market decline. The All-Share Index and market capitalisation fell by 0.17 per cent to 97,582.41 points and N55.40tn. The day’s trading saw 9,738 transactions totalling N6.217bn, with...

External Reserves Falls to $23.948bn

Nigeria’s external reserves diminished by 2.8 per cent in one month to $23.948 billion as at October 27, 2016, compared with the $24.615 billion it was as at September 27, 2016. The latest external reserves position released by the Central Bank of Nigeria (CBN) showed...