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Stock Market: On First Trading Day, Investors Lose N134.4bn

Stock Market: On First Trading Day, Investors Lose N134.4bn   Equities listed on the Nigerian Stock Exchange opened the year on a negative note as investors lost N134.4bn at the close of trading on Wednesday, the first trading day of the year. The market capitalisation of equities...

As Stock Market Gain N50bn, Investors’ Wealth Increases

As Stock Market Gain N50bn, Investors’ Wealth Increases Investors’ in the Nigerian stock market recorded a N50bn increase in their wealth on Wednesday as the market extended its bullish run into the second consecutive day after the rebound on Tuesday. The market capitalisation of equities listed...

Amid Gloomy Macro-economic Indices, Investors Lose N413bn

Amid Gloomy Macro-economic Indices, Investors Lose N413bn Determined to strengthen Nigeria’s economic diversity, Jaiz Bank Plc, is partnering with the Central bank of Nigeria (CBN), to promote financial inclusion especially in the rural communities. The Managing Director of the bank, Hassan Usman, revealed the strategic plan...

Invest In Mines To Curb Illegal Migration, FG Tells Investors

Invest In Mines To Curb Illegal Migration, FG Tells Investors   The Federal Government on Tuesday told global stakeholders in the mining industry to curb illegal migration of youths from Africa to Europe and the Americas by investing in mining in the continent. Speaking at the Mines...

Investors Pull-out Of Oil Stocks Deal, Seek Stability

Investors Pull-out Of Oil Stocks Deal, Seek Stability   The stocks of the oil and gas sector of the Nigerian Stock Exchange tumbled on Thursday as Oando Plc and Japaul Oil and Maritime Services Plc witnessed sell-offs by investors. In recent weeks, investors have been pulling their...

Arik, Aero Turn Investors Choiced Air-Operators

Arik, Aero Turn Investors Choiced Air-Operators   Many local and international investors are showing interest in investing in Arik Air and Aero Contractors, our correspondent has learnt. It was gathered that since the Asset Management Corporation of Nigeria made it known that it planned to divest its...