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Stock Market Rebounds, Investors Gain N552bn

Stock Market Rebounds, Investors Gain N552bn         The stock market rebounded last week recording a gain of N552 billion after declining in the first week of the year. After posting a record growth in 2020, profit-taking by investors made the market close with a decline of 0.37...

Investors Gain N325bn As 49 Stocks Rise

Investors Gain N325bn As 49 Stocks Rise         Equity trading on the floor of the Nigerian Stock Exchange, on Thursday, closed on a positive note with a gain of N325bn. The NSE All-Share Index appreciated by 1.54 per cent with the market breadth closing positive with 49...

Stock Market Ends Weekly Gains, Investors Lose N470bn

Stock Market Ends Weekly Gains, Investors Lose N470bn       Activities on the floor of the Nigerian Stock Exchange closed on a negative note last week as the All-Share Index and market capitalisation depreciated by 2.57 per cent to close the week at 34,136.82 and N17.84tn respectively. Similarly,...

LPG: DPR Sets New Guideline For Operators, Investors, Others

LPG: DPR Sets New Guideline For Operators, Investors, Others         The Department of Petroleum Resources, DPR, said it has introduced new guidelines to accommodate more Liquefied Petroleum Gas, LPG, investors and operators across the country. The move according the agency is geared towards enhancing the availability of...

CBN’s Policy Blocks Investors, Banks From N622bn Illegal Earnings

CBN’s Policy Blocks Investors, Banks From N622bn Illegal Earnings         The new Treasury Bills policy of the Central Bank of Nigeria, CBN, has effectively obstructed about N622 billion interest earnings that would have accrued to banks and other individual and corporate investors in the money market. The...

Stock: Investors Lose N113bn As #EndSARS Crisis Deepens

Stock: Investors Lose N113bn As #EndSARS Crisis Deepens         The Nigerian bourse on Wednesday closed lower to reverse the previous day’s gain as bears regained their grip following fear of insecurity arising from #EndSARS protest that degenerated into mayhem across the country. Hoodlums had set some key...