Stock Investors Lose N156bn Following Profit-taking   Investors on the local equity market saw their wealth depreciating by N156bn at the close of last week’s trading following profits-taking and selling sentiments. During the week, the market reacted to the latest inflation data published by the National Bureau...

NGX Sustains Negative Trading With N126bn Loss The market capitalisation of the Nigerian Exchange Limited (NGX) dipped by N126bn on Tuesday, marking the fifth consecutive negative trading session on the local bourse. The equity market kicked off the week’s trading session with a loss of N242bn...

FG Recorded N13.33bn Revenue Loss From Gas Flaring Fines   The Federal Government recorded a revenue shortfall of N13.33bn from gas flaring penalties issued against oil and gas firms in January and February 2023. It was earlier reported that the Federal Government would impose $49m (N22bn) fine...

Stocks Investors Record N136bn Loss In a Week   Stocks investors lost N136bn at the end of trading last week on the Nigerian Exchange Limited (NGX). Suffering a dip which saw mixed sentiments was the All-Share Index, which depreciated by 0.48 per cent or 250.69 base points...

Stock Investors Lose N304bn In One Week   The All-Share Index and market capitalisation depreciated by 1.08 per cent to close the week at 51,355.74 as the market capitalisation shed N304bn to close the week at N27.963 tn. The year-to-date returns for investors have now settled...

In One Week, Stock Investors Lose N114bn   Stock Investors lost N114bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 0.45 per cent to...