Stock Market Ends Lower, Records N12bn Loss
Trading on the Nigerian Stock Exchange closed on a negative note on Tuesday following the extension of downtrend to four consecutive trading sessions amid selling pressure on blue chip stocks.
Twelve stocks recorded price appreciation at the end of...
SON System Failure: Port Records N84bn Loss In Two Weeks
The failure of the server of the Standards Organisation of Nigeria to link importers to the Customs server for the clearance of goods has reportedly cost the port industry N84bn in the past 14 days.
Importers...
Stock Market Begins Week With N160bn Loss
The nation’s stock market opened the week with N160bn loss as sell pressures in BUA Cement Plc, Zenith Bank Plc and Access Bank Plc pulled the All-Share Index lower by 1.08 per cent to settle at 28,533.40 basis...
In Nine Months, Power Sector Loses N472bn
The Nigerian electricity supply industry lost a sum of N472.23bn between January and September this year, according to reports put together by the Advisory Power Team in the Office of the Vice President.
The daily reports of the power...
Stock Market Begins 2019 Q4 With N153bn Loss
The nation’s stock market has begun the last quarter of the year with N153bn loss as banking, oil and gas and consumer goods stocks pushed the market performance lower.
Trading resumed on the floor of the Nigerian Stock...
N100bn Loss Shakes Equity Investors' Rising Confidence
The domestic equities market resumed the week on a negative note as the All Share Index declined by 0.74 per cent to settle at 27,547.32 basis points while the year-to-date loss worsened to –12.3 per cent.
Investors lost N99.6bn...
