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Stock: Investors Lose N38bn, Market Falls Further

Stock: Investors Lose N38bn, Market Falls Further     Trading activities on the floor of the Nigerian Stock Exchange closed on a negative note on Wednesday to sustain negative sentiment following losses recorded by some blue-chip firms. The market breadth equally closed negative, with seven gainers against 23...

Stock: Investors Lose N13bn As Market Falls

Stock: Investors Lose N13bn As Market Falls     Equity trading on the floor of the Nigerian Stock Exchange on Monday opened the trading week on the negative route following market apathy. However, the market breadth closed positive with 16 gainers against 15 losers. The NSE All-Share Index dipped...

Electricity: Schneider Moves To Cut Nigeria’s Power Sector Loss

Electricity: Schneider Moves To Cut Nigeria’s Power Sector Loss     In a bid to mitigate power sector losses as a result of system downtime limiting the availability of electricity in Nigeria, Schneider Electric, has launched a range of solutions that adapted to the Nigerian environment. Power...

Power Sector Loses N468.4bn As Hitches Stall 33,122MW

Power Sector Loses N468.4bn As Hitches Stall 33,122MW       Gas, transmission, distribution and other constraints made Nigeria’s power sector to lose about N468.4bn between January and August 21 this year, latest documents on the industry’s performance have shown. Also, the constraints in the sector stalled the production...

Stock Market Reverses Loss, Records Marginal Gain

Stock Market Reverses Loss, Records Marginal Gain     Transactions on the floor of the Nigeria Stock Exchange on Tuesday recorded marginal gain to reverse the previous day’s loss. The NSE All-Share Index declined by 0.015 per cent as investors leveraged undervalued stocks. The ASI appreciated by 3.82 basis...

NAHCO Records N143.18m Loss In Six Months

NAHCO Records N143.18m Loss In Six Months       Nigerian Aviation Handling Company Plc has recorded a loss of N143.18m for the half year ended June 30, 2020 as against a profit of N467.259m reported in the same period of 2019. The company, in a report obtained from...