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Investors Proposing $500m For Gas Pipelines, Others – DPR

Investors Proposing $500m For Gas Pipelines, Others – DPR       Investors have proposed to spend over $500m in building gas pipelines and other facilities in Nigeria following the implementation of the Nigerian Gas Transportation Network Code that was launched last year, the Department of Petroleum Resources...

DMO Offers August Savings Bonds For Subscription To Investors

DMO Offers August Savings Bonds For Subscription To Investors       The Debt Management Office has opened the August savings bond offer to investors. The DMO said in a circular on Monday that it is offering the Federal Government’s two-year and three-year savings bonds. The circular posted on its...

25 Firms Suffer Decline, Stock Investors Lose N270bn

25 Firms Suffer Decline, Stock Investors Lose N270bn       Investors in the Nigerian stock market lost N270bn last week as 25 equities recorded price declines. The Nigerian Exchange Limited All-Share Index and market capitalisation depreciated by 1.30 per cent to close the week at 38,648.91 basis points...

Investors Lose N340bn On NGX In A Single Day

Investors Lose N340bn On NGX In A Single Day       Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa. Specifically, the market capitalisation, which opened at N20.409 trillion,...

Investors Gain N230bn As Stock Market Rises Further

Investors Gain N230bn As Stock Market Rises Further       Investors gained N230bn last week as the Nigerian stock market saw more equities record price appreciation. The Nigerian Exchange Limited All-Share Index and market capitalisation appreciated by 1.11 per cent to close the week at 39,156.28 and N20.41tn...

N796bn Investors’ Losses In May Extends Into June

N796bn Investors’ Losses In May Extends Into June       Insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy, may continue to take a toll on the Nigerian Exchange Limited (NGX), as investors, having lost N796 billion in May, might experience...