Stock Market Resumes Losing Streak After A Day Break   The nation’s stock market has resumed its losing streak after a one-day break, where investors recorded N11bn gains on Monday. Investors have counted losses totalling N41bn in two days as the equities market took a fall on...

NSE Returns N70m Capital Market Fraud To Investors     The Nigerian Stock Exchange says a total of N70m was repatriated from capital market fraud to investors in 2018. The Chairman, NSE, Mr Abimbola Ogunbanjo, said this during the NSE’s Annual General Meeting. He said that the repatriation was...

FG To Refund Yola Disco Investors N26.9bn   The Federal Government is planning to refund the core investors in Yola Electricity Distribution Company the sum of N26.9bn. The refund is expected to be made in the 2020 fiscal year. The N26.9bn is part of the amount captured under...

In Just Six Trading Days Investors Lose N421bn   Equity investors lost a total of N421bn in six trading days as the market capitalisation dropped to N13.051tn on Tuesday from N13.472 on September 27. At the end of trading on Tuesday, the benchmark index declined by 0.2...

Cashew Farmers, Investors Sign Pact, Target N220bn Revenue   Cashew farmers in Nigeria are entering into partnership with foreign investors in order to attract the required funding to grow the sector’s revenue to N220bn annually. Speaking under the auspices of HOMENA Agribusiness Consulting Limited at a press...

Investors Gain N145bn As Market Rebounds   Investors in the nation’s stock market have gained a total of N145bn as the market witnessed a rebound on Thursday. The market capitalisation of equities listed on the floor of the Nigerian Stock Exchange increased from N13.281tn on Wednesday to...