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Stock Market Sheds N24.5bn As 32 Firms Record Losses

Stock Market Sheds N24.5bn As 32 Firms Record Losses       The Nigerian stock market lost N24.49bn last week as 32 firms saw their share prices decline at the end of trading. The Nigerian Exchange Limited All-Share Index dipped by 0.12 per cent to close at 37,947.18 basis...

Nigeria Loses $26.3bn Annually To Maritime Insecurity

Nigeria Loses $26.3bn Annually To Maritime Insecurity     President Muhamamadu Buhari has lamented the huge loss of revenue to maritime criminality. The President stated the loss at a whopping $26.3 billion yearly, a development, he said, had become harmful to the economy and safety of citizens. According to...

Stock Market Begins Week With N71bn Loss

Stock Market Begins Week With N71bn Loss       The Nigerian stock market dropped by N71bn on Monday as the companies on the premium board suffered losses amid profit-taking in Zenith Bank Plc and MTN Nigeria Communications Plc. At the end of trading on the floor of the...

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn

Stocks Record Weekly Loss As Market Cap Slumps Below N20trn       The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis...

Stock Market Sheds N1.303trn In H1, 2021

Stock Market Sheds N1.303trn In H1, 2021       The Nigerian equities market went down by N1.303 trillion in the first half(H1) of 2021, driven by profit-taking, shift to the fixed income (FI) market by local investors due to uptick in yields and low participation by foreign...

Investors Lose N34bn As Stock Market Drops Further

Investors Lose N34bn As Stock Market Drops Further       Investors in the Nigerian stock market lost N34.33bn at the end of trading on the floor of the Nigerian Exchange Limited extending losses from the previous week. The NGX All-Share Index fell slightly by 0.19 per cent to...