In January, Stock Market Investors Lost N326m   Investors in the nation’s stock market lost a total of N326bn in January as bearish sentiment persisted. The equities market opened the year on a negative note as investors lost N134.4bn at the close of trading on the first...

NNPC, Investors Disagree On Commercial Terms Over Refineries' Funding   After spending over one and half years negotiating with financiers for the revamp of Nigeria’s refineries, the Nigerian National Petroleum Corporation (NNPC) on Wednesday declared that it could not agree with the investors on the commercial...

AMCON Seeks New Investors For Polaris Bank The Asset Management Corporation of Nigeria (AMCON) is to seek new investors to take over Polaris Bank Limited after elections next month, adding that it is taking stock of the bank’s assets ahead of a sale. Spokesman for AMCON,...

Aero Contractors' Acquisition: Three Investors In Talks With AMCON Three investors are in talks with the Asset Management Corporation of Nigeria (AMCON) to acquire Aero Contractor. It was gathered that the airline had attracted 19 investors since it was acquired in 2016 and the number had...

Investors Profit N120.5bn As Stocks Rise Up Investors in the nation’s stock market gained N120.5bn on Wednesday as the market sustained its bullish run for five consecutive days. The market capitalisation of equities listed on the Nigerian Stock Exchange increased from N11.238tn on Tuesday to N11.359tn...

As Sell-offs Persist, Stock Market Investors Lose N89bn The nation’s stock market continued its downward trend as investors recorded more losses at the end of trading on the floor of the Nigerian Stock Exchange on Monday. The market capitalisation of equities listed on the NSE dropped...