Investors Lose N119bn As Stock Market Reverses Gains
The stock market finished in negative territory on Monday as investors lost N119bn amid selling pressure.
The Nigerian Stock Market All-Share Index declined by 0.91 per cent as bargain hunters sustained profit-taking.
The ASI dropped by 225.35 basis points...
FAAC Transfers N119bn Into Excess Revenue Account
The Federation Account Allocation Committee has transferred the sum of N119.55bn into the Excess Revenue Account.
The amount, according to a statement on Thursday from the Office of the Accountant-General of the Federation, was from the N780.9bn that was...
Manufacturers, Others Spend N119bn On Self-generated Electricity
Members of the Organized Private Sector in Nigeria (OPSN) have kicked against the suspension of the proposed hike in electricity tariff stating that any increase in tariff will reinforce the already high cost of doing business for the...
