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Stock Investors Lose N172bn As 44 Firms Suffer Decline

Stock Investors Lose N172bn As 44 Firms Suffer Decline   Stock Investors lost N172bn at the end of trading on the floor of the Nigerian Exchange Limited. The market capitalisation of equities listed on the NGX depreciated by 0.67 per cent to close at N25.311tn at the...

NGX Resumes December Bearish With N410bn Loss

NGX Resumes December Bearish With N410bn Loss     Following losses suffered by many blue-chip stocks, especially MTN Nigeria and African Prudential, the Nigerian equities market resumed trading for the month of December on a negative note yesterday, as market capitalisation declined by N410 billion. In summary, the...

Stock Market Loses N49bn As 24 Firms Decline

Stock Market Loses N49bn As 24 Firms Decline   The equities market of the Nigerian Exchange Limited declined by N49.21bn at the end of trading on Wednesday as 24 firms saw their share prices fall. The NGX All-Share Index dropped by 0.22 per cent to close at...

Stock Market Loses N32.26bn As Investors Take Profits

Stock Market Loses N32.26bn As Investors Take Profits     The equities market of Nigerian Exchange Limited slid by N32.26bn at the end of trading on Monday as investors cashed in on recent price appreciation. The NGX All-Share index rose by 0.15 per cent, closing at 41,976.79 basis...

Gencos Lose N1.66trn Over Non-payment For Unused Power

Gencos Lose N1.66trn Over Non-payment For Unused Power   Power generation companies in Nigeria have said they suffered a loss of N1.66trn in seven years as a result of non-payment for deemed capacity. The Executive Secretary, Association of Power Generation Companies, the umbrella body for the Gencos,...

Profit-taking In Large-cap Stocks Triggers N153bn Loss

Profit-taking In Large-cap Stocks Triggers N153bn Loss   The equities market of the Nigerian Exchange Limited lost N153.15bn at the end of trading on Monday as investors took profits in large-cap stocks. The NGX All-Share Index declined by 0.71 per cent to 41,144.67bps from 41,438.15 basis points...