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Investors Stake N2.63bn On Equities

Investors Stake N2.63bn On Equities       The momentum of activities at the Nigerian equities market increased considerably as investors staked N2.63 billion amid new month’s profit-taking transactions. Total turnover at the Nigerian Exchange (NGX) Limited rose by 39.4 per cent to 274.852 million shares valued at N2.63...

DPR Backs Marginal Field Investors On Quicker Oil Find

DPR Backs Marginal Field Investors On Quicker Oil Find     The Department of Petroleum Resources (DPR) said it has developed a strategy to ensure that marginal field investors strike the first oil on record time. Director of DPR, Engr. Sarki Auwalu, disclosed this when the agency awarded...

Stock Investors Lose N600bn, Market Cap Drops Below N20trn

Stock Investors Lose N600bn, Market Cap Drops Below N20trn       Investors in the Nigerian stock market lost N600bn last week as the market capitalisation of equities fell below the N20tn mark. The Nigerian Exchange Limited All-Share Index and market capitalisation declined by 2.93 per cent to close...

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call

Investors Dump Equities Amid Anxieties Over CBN’s Rate Call         Nigerian equities closed at the weekend with a net loss of N604 billion as anxieties over the likely decisions of the Central Bank of Nigeria (CBN) on benchmark interest rate and other monetary policy tools fuelled...

Investors Lose N148bn On NGX In A Session

Investors Lose N148bn On NGX In A Session       The Nigerian Exchange (NGX) market capitalisation dropped further by N148 billion, extending bearish run to two consecutive trading sessions. Specifically, the market capitalisation which opened at N20.487 trillion shed N148 billion or 0.72 per cent to close at...

Investors Gain N150bn As Nigerian Stocks Cut Losses

Investors Gain N150bn As Nigerian Stocks Cut Losses       Investors gained N150bn at the close of trading on the Nigerian Exchange Limited last week as stocks pared their losses. The NGX All-Share Index and market capitalisation appreciated by 0.72 per cent to close the week at 39,481.89...